Aston Martin’s adjusted pre-tax profit declines

by SpeedLux
Aston Martin Vanquish Zagato Speedster

Aston Martin posted an adjusted pre-tax profit of 68 million pounds ($90 million) in 2018, a 7 percent drop on 2017 as it still invests in a series of new models and a second factory as part of its turnaround strategy.

The automaker, which moved on the London Stock Exchange last year, reported 136 million pounds of one-off costs because of its initial public offering, leading it to a reported pre-tax loss of 68 million pounds.

Aston Martin last year announced plans to transform itself into a global luxury brand, and showed their willingness into investing in projects including speed boats, bicycles, clothing and real estate development, even submarines and aircraft.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More