, a London-listed luxury carmaker, said it expects profitability to improve this year and to turn free cash flow positive in the second half as it begins deliveries of its next-generation sports cars in the third quarter.
The company on Wednesday forecast wholesale volumes of about 7,000 units for 2023, slightly below average market expectations of 7,134, but its outlook of for an adjusted core profit margin of about 20% came in ahead of analysts' average view.Aston Martin, whose models were favoured by fictional British spy James Bond, has struggled with supply chain issues and higher costs.
Invented a crystal ball have they?