AB Dynamics passes the test

AB Dynamics, which makes driving robots and tests whether autonomous cars keep safely to their lanes, could give lessons on navigating stock markets.

The group joined Aim, London’s junior market, in 2013 at 86p a share. Six years later its stock trades close to £25. During those years, ABD kept operating margins at a steady 23-or-so per cent and earnings before tax and the usual nasties have trebled to £13.5m. The Bradford-on-Avon business has kept to its lane, under-promising and over-delivering on investor expectations.

https://www.ft.com/content/af8e6814-1201-11ea-a225-db2f231cfeae