Aston Martin Lagonda Global Holdings plc (GB:AML) has released an update.
Aston Martin Lagonda reported a 14% year-over-year increase in Q3 2024 volumes, driven by the ramp-up of new models like the Vantage and DBX707, despite a 4% dip in year-to-date revenue due to portfolio transitions. The company is on track to meet its revised full-year guidance, leveraging strong demand for specialty models and vehicle personalization, which boosted average selling prices by 14% to £250k. As Aston Martin continues to manage supply chain disruptions, it anticipates further strengthening of its order book with the introduction of new models, including the V12 Vanquish.
For further insights into GB:AML stock, check out TipRanks’ Stock Analysis page.
