Aston Martin No Longer Expects To Meet Previous FY25 Wholesale Volume Guidance

Aston Martin Lagonda Global Holdings plc said the company now expects total wholesale volumes in fiscal 2025 to decline by mid-high single digit percentage when compared to the prior year. Management has initiated an immediate review of future cost and capital expenditure, and now expects fiscal 2025 adjusted EBIT to be below the lower end of the range of market consensus. Also, the Group no longer expects to meet its prior guidance of positive free cash flow generation in second half of 2025, but does exp ...