Sarah Matthews-DeMers
Group CEO & Executive Director
Welcome to the AB Dynamics 2026 Half Year Results Presentation. I’m Sarah Matthews-DeMers, the CEO, and I’m joined today by our Interim CFO, Andrew Lewis. I’m going to be taking you through the highlights before Andrew takes you through the detailed financial performance.
Following this, I’ll provide my initial observations from my first few months as CEO and an update on our progress against our medium-term growth strategy before wrapping up with a summary of FY ’26 to date and the outlook for the remainder of the year. We set out our medium-term growth ambitions in November 2024, and I remain committed to delivering these.
We have continued to make strategic progress in shaping the group to take advantage of the structural market drivers that underpin the significant medium-term growth opportunity. As we had already signposted, revenue was softer in the first half due to the order intake delays in the second half of last year caused by tariff disruption, with only GBP 44 million of orders received. In half 1 of FY ’26, it is pleasing to see positive customer activity and order intake recovering to more positive levels with GBP 64 million of orders received.
Our closing order book of GBP 47 million, together with revenue delivered in half 1, provides approximately 70% coverage of expected full year revenue. Combined with our confidence in operational execution, this leaves us well positioned to deliver in the second half of the year. We have enhanced our focus on innovation to drive future growth, an area I will cover in more detail later in the presentation.
