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Aston Martin Lagonda Posts Wider Loss In H1, Revenues Down 11%; Outlook Unchanged

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Aston Martin Lagonda Global Holdings plc (AML.L) reported that its first half loss before tax widened to 216.7 million pounds from a loss of 142.2 million pounds, last year. Loss per share was 25.3 pence compared to a loss of 20.3 pence. Adjusted loss before tax widened to 188.1 million pounds from a loss of 97.8 million pounds. Adjusted loss per share was 21.8 pence compared to a loss of 13.9 pence.

Revenue was 603.0 million pounds, down 11% from prior year. Wholesale volumes decreased 32% to 1,998.

The Group said its outlook remains unchanged.

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