Aston Martin issues profit warning
Aston Martin has issued a profit warning after what chief executive Andy Palmer described as a “very disappointing year”.
It said annual earnings were expected to fall by about half, down to £130m-£140m from the £247.3m from the previous year.
A statement from the company said: “Challenging trading conditions highlighted in November continued through the peak delivery period of December resulting in lower sales, higher selling costs and lower margins.”
