Business
Results for the nine months to 30 September 2021
Results for the nine months to 30 September 2021.
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3389R\n Aston Martin Lagonda Global Hld PLC\n 04 November 2021\n \n \n \n \n 4 November 2021\n \n \n Aston Martin Lagonda Global Holdings plc\n \n \n Results for the nine months to 30 September 2021\n \n \n \n \n \n \n \n \n - Year to date revenue almost trebled, adjusted EBITDA improved by £190m to £72m\n \n \n - Building track record of consistent delivery, re-iterating 2021 guidance \n \n \n - Brand strength and ultra-luxury positioning driving strong customer demand, pricing dynamics across portfolio and dealer profitability\n \n \n - Excellent progress with 'Project Horizon' transformation plan delivering growth\n \n \n \n \n \n \n \n \n \n \n \n \n \n £m\n \n \n \n \n \n YTD 2021\n \n \n \n \n YTD 2020\n \n \n \n \n change \n \n \n \n \n Q3 2021\n \n \n \n \n Q3 2020\n \n \n \n \n change \n \n \n \n \n \n \n Total wholesale volumes1\n \n \n \n \n 4,250\n \n \n \n \n 1,555\n \n \n \n \n 173%\n \n \n \n \n 1,349\n \n \n \n \n 660\n \n \n \n \n 104%\n \n \n \n \n \n \n Revenue \n \n \n \n \n 736.4\n \n \n \n \n 270.0\n \n \n \n \n 173%\n \n \n \n \n 237.6\n \n \n \n \n 124.0\n \n \n \n \n 92%\n \n \n \n \n \n \n Adjusted EBITDA2\n \n \n \n \n 72.3\n \n \n \n \n (117.6)\n \n \n \n \n n.m.\n \n \n \n \n 23.5\n \n \n \n \n (28.6)\n \n \n \n \n n.m.\n \n \n \n \n \n \n Adjusted operating loss2\n \n \n \n \n (65.1)\n \n \n \n \n (215.2)\n \n \n \n \n n.m.\n \n \n \n \n (29.1)\n \n \n \n \n (69.7)\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 (68.2)\n \n \n \n \n (229.1)\n \n \n \n \n n.m.\n \n \n \n \n (30.2)\n \n \n \n \n (69.8)\n \n \n \n \n n.m.\n \n \n \n \n \n \n Loss before tax\n \n \n \n \n (188.6)\n \n \n \n \n (307.9)\n \n \n \n \n n.m.\n \n \n \n \n (97.9)\n \n \n \n \n (80.5)\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 Net debt2\n \n \n \n \n 808.6\n \n \n \n \n 868.5\n \n \n \n \n \n \n \n 808.6\n \n \n \n \n 868.5\n \n \n \n \n \n \n \n \n \n 1. Number of vehicles including specials; 2. For definition of alternative performance measures please see Appendix\n \n \n Financial highlights \n \n \n · \n Strong growt...