Put mildly the global automotive sector is troubled. The list of challenges is long: stuttering ICE/EV transition, digitalisation, micro mobility car replacement in big cities, lacklustre end-demand, labour disputes, OEM consolidation, social policy and geopolitics. ABD is a haven, offering market-leading testing technology locked into long-cycle, propulsion agnostic, R&D spend by the OEMs; and shielded by regulatory vehicle safety testing requirements. The balance sheet is strong, with c.£30m o ....
