First-quarter profit milestone fuels car maker’s optimism
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."
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