Aston Martin holds FY profit forecast of £500m

(Sharecast News) - Luxury car maker Aston Martin said it was on track to post annual adjusted profits of £500m and sales of £2bn, by 2025 . In a trading update before a presentation to investors, the company forecast it would "substantially achieve" those targets in 2024.

Aston Martin added new mid-term financial targets for 2027/28 of £2.5bn in revenue and adjusted core earnings of £800m.

Reporting by Frank Prenesti for Sharecast.com