Published

Aston Martin Sales Surge 58% to 9-Year High

Aston Martin Holdings (UK) Ltd. says demand for its luxury sports cars soared 58% to 5,100 units, the British carmaker’s best result in nine years.

Share

Aston Martin Holdings (UK) Ltd. says demand for its luxury sports cars soared 58% to 5,100 units, the British carmaker’s best result in nine years.

Volume was driven by strong sales in the U.K., North America and China, coupled by increases in deliveries of specialty models and sell-out demand for the company’s DB11 sport coupe (pictured).

The company, which will report full-year earnings in March, says its revenue last year exceeded £840 million ($1.1 billion).

The company expects to surpass its previous target for 2017 of at least £180 million ($244 million) in adjusted earnings before interest, taxes, depreciation and amortization. The company’s EBITDA in 2016 was £101 million.​​​​​

Gardner Business Media - Strategic Business Solutions