Aston Martin posts “significant progress”

Aston Martin has posted an 82% increase in wholesales.

Revenues at the group increased to £1.1bn thanks to strong customer demand.

- Advertisement -

“The operating environment remained challenging throughout 2021,” said Tobias Moers, Aston Martin’s CEO.

“Despite this, we grew our core business to plan, with a demand-led delivery of our volume targets and enhanced core profitability. We achieved strong pricing and closed the year with dealer stock at optimum levels.”

” We also started delivery of the once-in-a-generation Aston Martin Valkyrie hypercars. This was achieved despite the technical ambition of the product, supply chain constraints and with no compromise on quality, resulting in fewer cars than originally planned shipping in 2021.”

“Beyond 2022 we are confident in the medium and long-term potential for the business with our exciting product plans and a defined path to electrification”, he added.

- Advertisement -

Latest News

Subscribe to the UK Investor Magazine email newsletter

Register for our free email newsletter and receive the latest investment news, podcasts, event information and offers.

More Articles Like This

Tagdiv Cloud library - template content.