RE: Champagne or Cava24 May 2022 19:06
Cg you are forgetting this :-)
Plus the cost savings they are rolling out and free cash flow that is being generated.
Taking-off into a new era for Aston Martin
· Retail customer demand continues to run ahead of wholesales, with GT/Sports sold out for the year
· DBX707, the world's most powerful luxury SUV, launched to significant customer and media excitement; DBX orderbook up c.60% on the prior year
· New V12 Vantage announced, with all 333 units sold-out by launch in March following unprecedented demand
· Racing.Green., new ESG strategy, launched on Earth Day reiterating electrification plans; first PHEV deliveries in 2024 and first BEV targeted for launch in 2025
· Strengthening the team with new senior appointments in commercial (China), design (exteriors), engineering (Body in White, vehicle integration and Valkyrie team), quality (suppliers) and sustainability;
- New CFO Doug Lafferty appointed to the Board 1 May 2022
- New Chief People Officer, Simon Smith appointed on 11 April 2022
Lawrence Stroll, Executive Chairman commented:
"We continue to make tremendous progress, now operating as an ultra-luxury brand and seeing exceptional demand across our product range with sports cars sold out for the year and DBX orders up 60%. Our most recently announced limited-edition, the V12 Vantage, was fully sold out prior to its official launch in March; and DBX707 is making headlines as the premier ultra-luxury performance SUV on the market, generating strong customer interest.
We are poised to deliver good growth in 2022 and remain extremely confident in the medium and long-term prospects as we transform Aston Martin into the world's most desirable ultra-luxury British performance brand."