AB Dynamics (ABDP): Profit warning
This situation live
ABDP AB Dynamics
Profit warning
profit warning
Directionbelow expectations / warning
Reaction on the day−30%
In 12 months1 statement in the same direction
Company's wordsConsequently, the Board believes it will be able to mitigate a significant degree of the adverse operational gearing impact of the lower than expected revenue, with the Group's adjusted operating margin for FY26 expected to be at 20%, consistent with the Group's medium term plan. ↗
As of 28 Jul 2026 ↗
Since Oct 2023: 661 situations of this kind; median share price +2% six months after they opened
Next: FY26 full-year results
Every step · 1
- 28 Jul 2026 profit warning – Consequently, the Board believes it will be able to mitigate a significant degree of the adverse operational gearing impact of the lower than expected... ↗
What is happening
AB Dynamics: Profit warning – profit warning. ['profit warning']
- In short
- On 28 July 2026 the Board cut FY26 continuing revenue guidance to £90-95m as order conversion slowed, holding the adjusted operating margin at 20%. On 17 September 2026 it said FY26 revenue would be £91.6m at a 20% margin, in line with guidance and consensus. Year-end order book was £31m and net cash £24.5m.
- Announced
- 28 Jul 2026 · profit warning · -30% on the day
- Revenue guidance
- £90-95m, continuing operations, FY26
- Margin
- Adjusted operating margin in line with 20% medium-term target
- Cause
- Lower last-quarter order intake; Middle East conflict; European OEM programme disruption
- Working capital
- Year-end working capital higher than expected
- Net cash
- £24.5m at 31 August 2026 (£41.7m at 30 June 2026)
- Revenue
- £91.6m continuing operations FY26, within the £90-95m guidance
- Consensus
- Mean revenue £91.4m, adjusted operating profit £18.3m (eight analysts)
- Order book
- £31m at year end, good coverage into H1 FY27
What comes next
FY26 full-year results.
From the company's own announcements. Not investment advice.
Briefing Pro
New to AB Dynamics? Get up to speed in 2 minutes.
What it does, how it got here, what management promised and delivered – written from its own announcements.
Get the ABDP briefing →Also at AB Dynamics 1 open
Insider conviction1 director buying – £13k in 1 buy
Turnaround plan with targetsVadoTech strategic review – Review concluded: contract terminated, exit agreed · closed
Insider conviction2 directors buying – £23k in 2 buys · closed
Upgrade / downgrade cycleProfit upgrade – guidance raised · second in 12 months · closed
Insider conviction1 director buying – £15k in 1 buy · closed
AB Dynamics – company page →