DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Aston Martin - 3 Phil Noble - 2 Lawrence - 1 French carmaker - 1 Ryan Reynolds - 1 Rob McElhenney - 1 Prerna Bedi - 1 Maju Samuel - 1
Top related locs:
Bengaluru Gaydon Britain French
Top related orgs:
Thomson - 3 Aston - 2 REUTERS - 2 Aston Martin Formula - 1 U.S - 1 Arctos Partners - 1 French carmaker Renault - 1 Alpine - 1

Search resuls for: "Gaydon"


5 mentions found


☆ Aston Martin F1 team gets investment from PE firm Arctos
  + stars: | 2023-11-16 | by ( Anousha Sakoui | ) www.reuters.com   time to read: +1 min
The Aston Martin logo is seen on a V12 Vantage car at the company’s factory in Gaydon, Britain, March 16, 2022. REUTERS/Phil Noble/File Photo Acquire Licensing RightsNov 16 (Reuters) - The Aston Martin Formula One team said on Thursday it had agreed on an investment by U.S. private equity firm Arctos Partners in exchange for a minority shareholding. The stake sale values the car racing group at 1 billion pounds ($1.24 billion), a person with knowledge about the matter told Reuters. "They share our vision for our ultra-luxury brand, and they are extremely passionate about the sport and its prospects," Aston Martin Formula One Executive Chairman Lawrence Stroll said in a statement. The F1 team is sponsored by the eponymous British luxury carmaker in which Stroll holds the largest shareholding of over 25%.
Persons: Aston Martin, Phil Noble, Lawrence, French carmaker, Ryan Reynolds, Rob McElhenney, Prerna Bedi, Maju Samuel Organizations: Aston, REUTERS, Aston Martin Formula, U.S, Arctos Partners, Reuters, French carmaker Renault, Alpine, Thomson Locations: Gaydon, Britain, French, Bengaluru
☆ Aston Martin races past second quarter expectations
  + stars: | 2023-07-26 | by ( Yadarisa Shabong | ) www.reuters.com   time to read: +2 min
[1/2] FILE PHOTO-Employees work on a car at the Aston Martin factory in Gaydon, Britain, March 16, 2022. Aston Martin kept its 2023 forecast for volumes of about 7,000 vehicles and an adjusted core profit margin of about 20%. Aston Martin reported an adjusted operating loss of 38.9 million pounds ($50.2 million) and revenue of 381.5 million pounds in the quarter to June. Analysts on average had expected an adjusted operating loss of 51 million pounds on revenue of 344 million pounds, according to a company-compiled consensus. Aston Martin said it was also on track to meet its medium-term financial targets.
Persons: Aston Martin, Phil Noble, Amedeo Felisa, Felisa, JP Morgan, James Bond's, China's Geely, Yadarisa, Savio D'Souza, Mark Potter Organizations: Aston, REUTERS, HK, Lucid, Thomson Locations: Gaydon, Britain, Bengaluru
☆ UK's Aston Martin sticks to 500 mln pounds profit view for FY25
  + stars: | 2023-06-27 | by ( ) www.reuters.com   time to read: 1 min
June 27 (Reuters) - Aston Martin (AML.L) said on Tuesday it remained on track to report an adjusted profit of 500 million pounds ($636.7 million) by the fiscal year 2025. The Gaydon-based group said it expects to "substantially achieve" those financial targets in 2024 - including a revenue forecast of about 2 billion pounds - and added it is likely to exceed them in 2025. The company had posted an adjusted core profit of 190.2 million pounds for the year ended Dec. 31, 2022. The luxury car maker, which has marked 2023 to be the "peak year" of capital spend, in May had maintained its outlook for the current financial year, helped by strong sales of its sport utility vehicle DBX and higher selling price. ($1 = 0.7854 pounds)Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: Aston Martin, AML.L, Aby Jose Koilparambil, Nivedita Organizations: Thomson Locations: Bengaluru
☆ Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss
  + stars: | 2023-05-03 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Employees work on a car at the Aston Martin factory in Gaydon, Britain, March 16, 2022. REUTERS/Phil NobleMay 3 (Reuters) - British luxury carmaker Aston Martin Lagonda (AML.L) on Wednesday reported a narrower quarterly pretax loss and maintained its 2023 outlook, benefiting from the strong sales of its sport utility vehicle DBX and higher selling prices. Free cash outflow in the quarter stood at 118 million pounds, compared with 25 million pounds of outflow a year ago as it spent on the development of new sports cars and its electrification programme. Aston Martin said it expects 2023 to be the "peak year" of capital spend. Loss before tax for the three months to March 31 was 74.2 million pounds ($92.7 million), compared with 111.6 million pounds a year earlier.
☆ Aston Martin forecasts positive free cash flow in second half
  + stars: | 2023-03-01 | by ( ) www.reuters.com   time to read: +1 min
[1/2] An Aston Martin Valkyrie car is driven off the production line at the company’s factory in Gaydon, Britain, March 16, 2022. REUTERS/Phil NobleMarch 1 (Reuters) - Aston Martin (AML.L) said on Wednesday it expected to improve its profitability this year and turn positive free cash flow in the second half, after 2022 losses came in better than market expectations. The London-listed company forecast wholesale volumes of about 7,000 units for 2023, slightly below average market expectations of 7,134. The British company reported a bigger adjusted operating loss of 118 million pounds ($142.20 million) for the year ended Dec. 31, compared with a loss of 74.3 million pounds for the same period a year earlier. Analysts on average had expected adjusted operating loss to come in at 135 million pounds for 2022, according to a company-compiled consensus.
0 next >>
Total: 5