Aston Martin rises as quarterly loss narrows, FY guidance held
Yesterday 08:28
BUZZ-Aston Martin rises as quarterly loss narrows, FY guidance held **Shares of luxury carmaker Aston Martin AML.L up 1.5% at 38.58p
** Co holds FY2026 guidance, expects free cash outflow to materially improve in current fiscal year
** Q3 adjusted loss before tax narrowed to £75.6 million ($100.43 million) from £106.9 million a year ago; revenue rose 36%
** Q3 results supported by Valhalla deliveries and Specials programme as well as transformation/cost benefits
** Stock down nearly 40% YTD
($1 = 0.7527 pounds)
(Reporting by Raechel Thankam Job in Bengaluru)