Aston Martin Lagonda Global Holdings plc (GB:AML) has released an update.
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Aston Martin has revised its 2024 strategy, reducing its wholesale volume forecasts due to supply chain issues and economic challenges in China. Adjusted EBITDA is now expected to be slightly lower than in 2023, with the company no longer anticipating positive cash flow in the second half of the year. Despite these adjustments, Aston Martin remains committed to its 2025 targets, buoyed by a refreshed portfolio of luxury models.
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