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Advanced Braking Technology Limited ( (AU:ABV) ) has provided an update.
Advanced Braking Technology Ltd reported a strong start to FY26 with a 21% increase in product sales revenue to $5.3 million and a 66% rise in NPBT to $0.35 million for Q1. The company experienced broad-based growth across new and aftermarket revenue, driven by proactive engagement with blue-chip customers and strong demand in key international markets like Canada, Mongolia, and Europe. ABT’s ongoing innovation in autonomous braking technology, including the development of SIBSiQ and BRAKEiQ, reinforces its technology roadmap and positions it well in the industry.
The most recent analyst rating on (AU:ABV) stock is a Buy with a A$0.12 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) designs, manufactures, and distributes innovative braking solutions globally from its headquarters in Perth, Western Australia. The company serves industries such as mining, defense, civil construction, and waste management, focusing on safety and environmental responsibility. ABT’s products are recognized for their safety, productivity, zero emissions, and durability, with a growing international demand.
Average Trading Volume: 260,806
Technical Sentiment Signal: Buy
Current Market Cap: A$43.76M
See more insights into ABV stock on TipRanks’ Stock Analysis page.