Car manufacturer changes gear on profit forecasts

Aston Martin's Gaydon site
Aston Martin has accelerated its expectations about its financial performance this year after achieving "sharply improved" results in the first half of the year. The luxury sports car manufacturer now expects revenues of £830m - £15m above the top end of its February estimate - which would show 77% growth over three years. It also now forecasts underlying earnings will be around £175m, up from earlier estimates of £160m-£165 and significantly above the £101m achieved in 2016. Dr Andy Palmer, Aston Martin's president and... You can carry on reading TheBusinessDesk.com 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...
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