First-quarter profit milestone fuels car maker’s optimism

The Aston Martin DB11
Aston Martin has reported a first-quarter profit for the first time in a decade in a milestone for its turnaround strategy. The Gaydon-based manufacturer more than doubled its revenues to £188m, achieving pre-tax profits of £5.9m. The DB11, launched last year, has received a strongly-positive response from customers. Aston Martin's chief financial officer Mark Wilson, in an interview with Reuters, said: "We're now in an area and an environment where we are generating demand in excess of supply." The improvement in its fi... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...