Aston Martin's Q3 revenue rises 36% on Specials deliveries

By Reuters News


Overview

  • UK luxury carmaker's Q3 revenue rose 36% yr/yr, driven by higher Specials deliveries

  • Gross margin improved to 37.4% from 29.0% on enhanced product mix and transformation benefits

  • Operating loss halved as transformation programme delivered higher gross profit


Outlook

  • Aston Martin maintains FY 2026 guidance, expecting wholesale volumes similar to FY 2025

  • Company expects FY 2026 gross margin to improve into the high 30s% from 29% in FY 2025


Result Drivers

  • SPECIALS DELIVERIES - Co said increased deliveries of Valhalla Coupe and other Specials drove revenue and gross profit growth

  • PRODUCT MIX - Enhanced product mix, including new model launches and higher-priced vehicles, contributed to a 25% increase in average selling price and improved margins

  • TRANSFORMATION PROGRAMME - Ongoing transformation programme supported margin gains through lower manufacturing costs and investments in product quality


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

GBP 388.70 mln

Q3 Adjusted EBIT

-GBP 24.90 mln

Q3 Adjusted Pretax Loss

GBP 75.60 mln

Q3 Net Debt

-GBP 1.57 bln

Q3 Pretax Loss

GBP 77.10 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

  • Wall Street's median 12-month price target for Aston Martin Lagonda Global Holdings PLC is GBp37.00, about 2.7% below its October 27 closing price of GBp38.02


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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