Aston Martin Lagonda Global Holdings plc (AML) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning or good afternoon all and welcome to the Aston Martin Lagonda 2025 Full Year Results School. My name is Adam and I'll be your operator today. If you'd like to ask a question during the Q&A portion of today's call, you may do so by pressing star followed by one on your telephone keypad. I will now hand over to Adrian Hallmark to begin, so please go ahead when you're ready. We'll be right back. Good morning, everyone, and thank you for joining us today for Aston Martin's 2025 full-year results. It's a pleasure to be here alongside Doug Lafferty, CFO. And before Doug takes you through the financial performance in detail, I'm going to provide a summary of our key achievements and areas of strategic focus during 2025, followed by a review of the work we have done on the future product lineup. As we've outlined throughout the year, we have navigated a highly challenging trading environment, an unprecedented backdrop of geopolitical uncertainties and macroeconomic pressures, including heightened tariffs in the US and China weighed on our performance and ability to execute our plans effectively. Despite this, we have delivered some critical milestones, none more so than the commencement of Valhalla deliveries in Q4 last year, our first mid-engine plug-in hybrid vehicle supercar. Alongside this, we've expanded our thrilling core line-up with high-performance derivatives such as the Vantage S and the DBX-S. voted the super suv of the year by top gear magazine and the vanquish volante with the vanquish also being recognized as car of the year by rob report just last month Whilst maintaining a disciplined approach to balancing production with demand throughout the year, with retails outpacing wholesales, we also took the necessary proactive actions to invest in qual...