Aston Martin says its back on track after 2020 loss
Luxury sports carmaker reports £466m pre-tax loss for 2020
25 February 2021 - 16:57
Aston Martin Lagonda Global climbed the most in four months on Thursday after the British carmaker issued an upbeat outlook for the coming year, driven by demand for its debut SUV.
The company plans to produce 6,000 vehicles this year, up from just 3,394 in 2020, with the £158,000 DBX model accounting for much of that output. Aston Martin’s quarterly revenue and adjusted earnings beat estimates, sending the shares up as much as 13% in London...
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