AB Dynamics has announced the immediate appointment of Andrew Lewis as interim chief financial officer, filling the role on a temporary basis while the company continues its search for a permanent CFO.
The move follows the elevation of Sarah Matthews-DeMers from chief financial officer to chief executive officer. Company statements indicate that the search for a successor is progressing according to plan, but that anticipated notice periods for any permanent hire mean an interim appointment was necessary to ensure continuity.
Andrew Lewis brings experience as a finance chief in listed companies. He served as CFO at Chemring until 2024 and previously held the chief financial officer role at Avon Rubber. The company noted that many investors are already familiar with Lewis because of those prior positions.
AB Dynamics reiterated financial guidance in light of a January trading update that confirmed an increase in orders. The company reported revenue of
Specifically, AB Dynamics reported revenue of
AB Dynamics said it has a strong balance sheet as it pursues growth through both organic initiatives and selective acquisitions. The company reported adjusted earnings per share of 80.3p for fiscal 2025 and provided forecasts of 82.6p for 2026 and 91.1p for 2027.
Management framed the interim CFO appointment as a practical response to timing constraints in the recruitment process, while reiterating that the search for a permanent finance chief is on course. The January order increase was cited as evidence supporting the group's financial year expectations.
Note on scope - The report relays the corporate appointment and the financial figures as disclosed by AB Dynamics. It does not introduce additional projections or commentary beyond the company's published statements.