Wednesday 6 March 2019

Shaken not stirred: Aston Martin on surviving Brexit and share price crash.

Aston Martin Lagonda’s chief executive Mark Wilson.
Photo:Aston Martin Lagonda

Aston Martin Lagonda CEO Andy Palmer delivered a feisty defense of his company’s performance at Geneva Motor Show earlier this week in the wake of its recent share price drop.

Today, the iconic British car brand’s chief financial officer Mark Wilson told Yahoo Finance UK that Aston has delivered against its pre-IPO business plan in quarter three, and quarter four for the full year – “and yet we find ourselves where we are.”

Aston shares plunged around 20% last week after the company’s results reported a loss, despite record sales. Overall, they were down nearly 40% since their London Stock Exchange listing in October.  





By Jill Petzinger.
Full story at Yahoo News.



No comments:

Post a Comment