Business
Interim results for the six months to 30 June 2021
Interim results for the six months to 30 June 2021.
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6747G\n Aston Martin Lagonda Global Hld PLC\n 28 July 2021\n \n \n \n \n 28 July 2021\n \n \n Aston Martin Lagonda Global Holdings plc\n \n \n Interim results for the six months to 30 June 2021\n \n \n \n \n \n \n \n \n - Significantly improved performance, in line with expectations \n \n \n - Revenues more than trebled and adjusted EBITDA improved by £138m vs. H1 2020\n \n \n - Strong pricing dynamics for GT/Sport and >1,500 DBXs delivered\n \n \n - Excellent progress with Project Horizon transformation plan \n \n \n \n \n \n \n \n \n \n \n \n \n \n £m\n \n \n \n \n \n H1 2021\n \n \n \n \n H1 2020\n \n \n \n \n % change \n \n \n \n \n Q2 2021\n \n \n \n \n Q2 2020\n \n \n \n \n % change \n \n \n \n \n \n \n Total wholesale volumes1\n \n \n \n \n 2,901 \n \n \n \n \n 895 \n \n \n \n \n 224%\n \n \n \n \n 1,548 \n \n \n \n \n 317\n \n \n \n \n 388%\n \n \n \n \n \n \n Revenue \n \n \n \n \n 498.8 \n \n \n \n \n 146.0 \n \n \n \n \n 242%\n \n \n \n \n 274.4 \n \n \n \n \n 57.2\n \n \n \n \n 380%\n \n \n \n \n \n \n Adjusted EBITDA2\n \n \n \n \n 48.8 \n \n \n \n \n (89.0)\n \n \n \n \n n.m.\n \n \n \n \n 28.1 \n \n \n \n \n (50.9)\n \n \n \n \n n.m.\n \n \n \n \n \n \n Adjusted operating loss2\n \n \n \n \n (36.0)\n \n \n \n \n (145.5)\n \n \n \n \n n.m.\n \n \n \n \n (20.7)\n \n \n \n \n (78.5)\n \n \n \n \n n.m.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Operating loss\n \n \n \n \n (38.0)\n \n \n \n \n (159.3)\n \n \n \n \n n.m.\n \n \n \n \n (22.7)\n \n \n \n \n (91.4)\n \n \n \n \n n.m.\n \n \n \n \n \n \n Loss before tax\n \n \n \n \n (90.7)\n \n \n \n \n (227.4)\n \n \n \n \n n.m.\n \n \n \n \n (48.5)\n \n \n \n \n (117.3)\n \n \n \n \n n.m.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net debt2\n \n \n \n \n 791.5\n \n \n \n \n 751.0\n \n \n \n \n \n \n \n 791.5\n \n \n \n \n 751.0\n \n \n \n \n \n \n \n \n \n \n \n 1\n \n \n \n Number of vehicles including specials; 2 For definition of alternative performance measures please see Appendix; 3 Adjusting items are detailed in note 4 of the Interim Financial Statements\n \n \n \n Financial highlights\n \n \n · \n Wholesales[1] mo...