Aston Martin’s first-quarter revenue rose 16% to £270mn, driven by a sharp increase in deliveries of its Special models, which carry higher average selling prices.
Underlying operating losses narrowed by 12% to £57mn, largely as a result of the revenue growth.
Free cash outflows improved by 3% to £117mn, with reduced capital expenditure helping to offset cash being tied up in inventory. Net debt rose 15% to £1.5bn.
Full-year guidance has been maintained, with car deliveries expected to be similar to 2025’s level of 5,448. Underlying operating profit is expected to improve towards breakeven, helping to “materially improve” free cash outflows.
The shares rose 6.7% in early trading.
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Aston Martin key facts
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This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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