The Aston Martin DB12 Goldfinger Edition during the Burlington Arcade takeover 007 on October 29, 2024, in London, in England.
Dave Benett | Getty Images Entertainment | Getty images
Actions of Aston Martin dropped up to 10% on Monday morning after the British luxury manufacturer issued a new profit warning, citing difficult perspectives in industry and uncertainties on prices.
The company, which is famous for its role in the films of James Bond and its history of high financial and stockings, said that it expects its bulk volumes of 2025 to fall by a “percentage to a figure halfway up” compared to the 6,030 units of last year.
Aston Martin
Aston Martin also said that it no longer expects the positive generation of cash flow available during the second half of the half and launched an immediate examination of future costs and capital expenses.
Analysts expected the company to record a profit before interest and taxes (EBIT) of 110 million pounds sterling ($ 147.8 million), according to estimates compiled by the company.
“The global macroeconomic environment facing industry remains difficult,” the automaker said in a statement on Monday. “This includes uncertainties on the economic impact of American prices and the implementation of the quota mechanism, changes in the Chinese ultra-luxury car taxes and the increased potential for the supply chain.”
Aston Martin’s shares were negotiated at around 7.6% less at 9:15 a.m. London time (4:15 a.m.). The stock is down approximately 24% at the start of the year.
