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.

"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.

Reporting by Frank Prenesti for Sharecast.com

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