Aston Martin Lagonda has warned that it will remain loss-making through 2025 after another year of weaker-than-expected sales and further delays to its flagship Valhalla hypercar, sending shares in the British luxury carmaker tumbling.
In an unscheduled trading update, the company said it now expects annual sales to fall by nearly 10 per cent and losses to exceed previous forecasts, abandoning earlier commitments to become cashflow positive this year.
Shares fell more than 8 per cent to 74.65p on Monday, wiping out recent gains built on hopes of a sustained turnaround under chief executive Adrian Hallmark, who joined the Warwickshire-based manufacturer last year from Bentley.
Aston Martin cited “heightened challenges in the global macroeconomic environment,” including the impact of US tariffs, shifting Chinese luxury taxes, and supply chain strains, as key factors behind the shortfall.
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