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AML Aston Martin Lagonda Global Holdings News Story

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Consumer CyclicalsSpeculativeMid CapNeutral

Aston Martin shares slide as carmaker warns of lower yearly volumes, wider loss

** Shares of British luxury carmaker Aston Martin AML.L falls 10.2% to 73p

** Stock top loser on FTSE mid 250 index .FTMC

** Expects FY adjusted operating loss to come in below the lower end of company-compiled market consensus of 110 mln pound ($147.77 mln) loss

** FY wholesale volumes to drop by mid- to high-single digits from last year's 6,030 units and

** Company initiates an immediate review of future cost and capital expenditure

** However, AML expects FY26 profitability and free cash flow generation to materially improve compared with FY25

** As of last close, stock down ~24% YTD

($1 = 0.7444 pounds)

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))

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