Business Performance
Revenue fell to £997m due to wholesale volume declines and the impact of retail and customer financing support.
Operating profit declined primarily due to revenue decline, higher depreciation and amortisation, and increased marketing costs.
Key Highlights
DBX production trial has started, with initial deliveries scheduled for Summer 2020.
Vantage Roadster deliveries to start in Q2 2020.
Aston Martin Valkyrie deliveries to start in H2 2020.
Outlook
2020 is the year of reset for the business to operate as a true luxury car brand.
Focus on reducing dealer inventories to a luxury norm and regaining price positioning.
DBX and Aston Martin Valkyrie are key launch programmes for the business.
Manual:
Download: Aston Martin Lagonda Global Holdings plc Preliminary Results for the 12 months to 31 December 2019
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