Frankfurt — Aston Martin Holdings surged to its third consecutive quarterly profit on robust demand for the new DB11 sports car, putting the UK car maker in a better position for a potential share sale even as Brexit clouds its longer-term outlook. The company, whose high-end sports cars featured in James Bond films, has been eliminating jobs and expanding its model range to reverse six years of losses. In a bid to follow a trail blazed by rival Ferrari, the UK-based car maker could consider an initial public offering on the London Stock Exchange as early as 2018, people familiar with the matter said in May. A stock sale was "a natural point of speculation" given Aston Martin’s ownership structure, chief financial officer Mark Wilson said on Friday. Any decision would have to be made by the closely held company’s shareholders and not the management board, he said.
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