Aston Martin Lagonda reports 9% decline in revenue for 2019

February 27, 2020 04:20 PM IST | By Team Kalkine Media

Aston Martin Lagonda (LON:AML) has released the preliminary results for the 12 months to 31 December 2019.

  • Company’s total wholesale volumes declined by 9 per cent to £5,862 million as compared £6,441 million in the previous year.
  • The Revenue also declined by 9 per cent to £997.3 million as compared to £1,096.5 million in the previous year.
  • Adjusted EBITDA of the company slumped by 46 per cent to £134.2 million as compared to £247.3 million for the year ended 31 December 2019
  • On 27th February 2020, at the time of writing, GMT 09:15 AM, AML shares were trading at GBX 331.60, down by 59.40 points or 15.19% against the previous day closing price.

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