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Aston Martin narrows losses, unveils £50m in new funding

(Sharecast News) - Luxury car maker Aston Martin held guidance as it narrowed first-quarter losses and unveiled a new £50m funding package from members of chairman Lawrence Stroll's Yew Tree consortium. The company on Wednesday reported a loss before tax of £65.5m compared with £79.6m a year ago with total wholesale volumes down 1% to 939 vehicles. Revenue rose 16% to £270.4m.

Total average selling prices rose 17% to £252,000, with vehicle sales revenue rising 16% to £237.8m.

"The recent conflict in the Middle East has presented the latest macroeconomic and geopolitical uncertainty, and whilst there has been no material direct impact to the business in Q1 2026, the group continues to monitor the evolving situation and its potential impact on global demand, customer confidence and supply chains," the company said.

Full year adjusted operating profit margin was also expected to materially improve toward breakeven, it added.

Aarin Chiekrie, equity analyst at Hargreaves Lansdown said the results showed the company was "not completely out of the race to return to profitability".

"While the total number of cars sold was down marginally, the mix has shifted to include more specials like the Valhalla. These specials carry much higher average selling prices, which helped revenue jump by double-digit rates and have had a major positive impact on gross margins," he added.

"The US tariff system remains a thorn in the group's side. The current regime allows the first 25,000 UK cars exported to the US each quarter to be subject to a basic tariff of 10% on a first-come, first-served basis. Anything over that in each quarter will be subject to a much higher tariff of 27.5%." Given the lack of control and the fact that around a third of Aston Martin's revenue comes from the US, it remains a difficult risk to manage."

"So, while full-year guidance remains on track and points to a much-improved financial performance, there are plenty of obstacles on the road for Aston Martin to navigate."

Reporting by Frank Prenesti for Sharecast.com

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