IN BRIEF: Aston Martin reassures trading is in line with expectations

Aston Martin Lagonda Global Holdings PLC - Gaydon, England-based luxury carmaker - Notes the ...

Alliance News 30 June, 2022 | 2:48PM
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Aston Martin Lagonda Global Holdings PLC - Gaydon, England-based luxury carmaker - Notes the recent dip in its share and media speculation regarding potential fundraising efforts. Comments that the company regularly keeps its funding options under review and says that any funding option would be to support and accelerate its future growth. Does not comment on whether it is making any fundraising efforts.

Aston Martin reassures that it is continuing to trade in line with expectations for 2022. Reaffirms its financial guidance for the year, anticipating an 8% rise in core volumes and a 50% improvement in adjusted core earnings before interest, tax, depreciation, and amortization.

Current stock price: 434.10 pence, down 9.6% on Thursday

12-month change: 77%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Aston Martin Lagonda Global Holdings PLC Ordinary Shares 544.20 GBX 0.67 -

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