Aston Martin Lagonda Global Holdings (GB:AML) has released an update.
Aston Martin Lagonda Global Holdings reports a transition phase in Q1 2024 with a 26% drop in wholesale volumes, amid the rollout of four new models expected to boost H2 growth. The company has successfully refinanced £1.15bn, showing confidence from lenders with a 70% increase in credit facilities to £170m. Despite a challenging quarter, Aston Martin anticipates a strong financial performance in the latter half of the year following product launches, including an ultra-exclusive Special in Q4.
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