Aston Martin’s revenue fell by 27% to £285mn in the third quarter, as total deliveries in the period dropped by 13% to 1,430 vehicles. Average selling prices fell at a faster pace of 20%, reflecting a sharp drop in sales of its high-priced Special models due to production delays. US tariffs and weak demand in China also weighed on performance.
Free cash outflows worsened from £81mn to £94mn, while net debt increased by 14% to £1.4bn.
The group expects to deliver around 150 Valhallas in the fourth quarter (Q3: 2 Valhallas), with that figure expected to rise to around 500 in 2026.
2025 total deliveries are expected to decline by a mid-to-high single digit percentage compared to the prior year (2024: 6,030). Full-year underlying operating losses are expected to exceed £110mn.
The shares rose 1.3% in early trading.
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