Last year the £1bn-capitalised motor manufacturer Aston Martin Lagonda Global Holdings (LON:AML) sold only 6,030 of its iconic vehicles, that was 9% lower than the previous year’s 6,620 units.
This morning the group reported its Final Results for the year to end-December 2024 and they were none too clever.
Revenues were down just 3% at £1,583.9m (£1,632.8m), with adjusted EBITDA 11% lower at £271.0m (£305.9m), the reported loss before tax was 21% higher at £289.1m (£239.8m), while the group’s net debt rose a staggering 43% to £1,162.7m (£814.3m).
Despite these...
