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Advanced Braking Technology Limited ( (AU:ABV) ) has provided an announcement.
Advanced Braking Technology Ltd (ABT) reported strong growth and solid results for FY25, driven by consistent revenue growth, innovative product launches, and global expansion. Key achievements included the launch of new products like BRAKEiQ and the Toyota Hilux Failsafe Sealed Integrated Brake System, as well as a significant increase in offshore revenue, particularly in Canada, Indonesia, and Mongolia. The company also strengthened its foundations by enhancing its talent pool, securing ISO accreditations, and refining its management frameworks. Looking forward, ABT is poised to capitalize on the evolving mining industry and increasing demand for safety technology, with plans to continue innovating and expanding its market presence.
The most recent analyst rating on (AU:ABV) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Advanced Braking Technology Limited stock, see the AU:ABV Stock Forecast page.
More about Advanced Braking Technology Limited
Advanced Braking Technology Ltd (ABT) is a company based in Perth, Western Australia, that designs, manufactures, and distributes innovative braking solutions globally. The company serves industries with high safety and environmental responsibility needs, such as mining, defense, civil construction, and waste management. ABT’s products are renowned for their safety, productivity, zero emissions, and durability, and are used across all seven continents.
Average Trading Volume: 167,338
Technical Sentiment Signal: Buy
Current Market Cap: A$44.76M
For detailed information about ABV stock, go to TipRanks’ Stock Analysis page.