{"id":99905,"date":"2023-03-03T18:42:35","date_gmt":"2023-03-03T17:42:35","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=99905"},"modified":"2023-03-03T18:52:41","modified_gmt":"2023-03-03T17:52:41","slug":"aston-martin-2022-in-the-red-2023-in-pink","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/aston-martin-2022-in-the-red-2023-in-pink\/","title":{"rendered":"Aston Martin : 2022 in the red, 2023 in pink "},"content":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n

The losses of the luxury car manufacturer Aston martin tripled in 2022. But in 2023, all the lights are green and analysts are optimistic.<\/h4>\n

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Aston Martin’s net loss was 528.6 million pounds last year<\/strong>, compared to 191.6 million pounds in 2021, according to a statement released Wednesday. According to the British brand, this underperformance is the consequence of the soaring costs of production, marketing and distribution.<\/strong> The group mentions the impact of “supply chain issues and logistical disruptions, particularly in the second and third quarters”. The automotive sector was not spared by the pandemic and the brand is also heavily impacted by the Brexit and worker shortages in the logistics sector.<\/strong><\/p>\n

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Its revenue, however, increased by 26% to \u00a31.38 billion in 2022<\/strong>, due to higher prices and a favorable exchange rate. The group’s liquidity has also increased over the past year and debt has declined to 766 million pounds at the end of 2022<\/strong>, from 892 million pounds at the end of 2021.<\/p>\n

 <\/p>\n

“Despite a challenging operating environment, we ended the year with improved growth and margins as well as positive cash flow in the fourth quarter, and the best order book in many years”<\/em>, commented Lawrence Stroll,<\/strong> the Executive Chairman. “For 2023, we expect a significant improvement in year-over-year profitability, driven by improved volumes and margins.”<\/em><\/p>\n

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Encouraging future<\/h2>\n

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Faced with such an increase, investors pounced and the stock jumped 15% to 231.50 pounds around 9 a.m. Wednesday.<\/strong><\/p>\n

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“Aston Martin has been weighed down by logistics and supply difficulties like many of its peers. This has held back volumes but the group is now moving full steam ahead”<\/em>, commented Sophie Lund-Yates<\/strong>, an analyst at Hargreaves Lansdown. “An average selling price above \u00a3150,000 also shows” that the brand appears “relatively insulated from inflationary pressures”<\/em>, she adds.<\/p>\n

 <\/p>\n

For 2023, the group is targeting an increase in sales volumes to around 7,000 vehicles<\/strong>, compared with 6,412 in 2022, and an increase in adjusted operating profit margins of up to 20 percent.<\/p>\n

 <\/p>\n

Read also >Formula 1: Ferrari accelerates in online games<\/a><\/p>\n

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Featured photo : \u00a9 Aston Martin[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n

The losses of the luxury car manufacturer Aston martin tripled in 2022. But in 2023, all the lights are green and analysts are optimistic.<\/h4>\n

<\/p>\n

 <\/p>\n

Aston Martin’s net loss was 528.6 million pounds last year<\/strong>, compared to 191.6 million pounds in 2021, according to a statement released Wednesday. According to the British brand, this underperformance is the consequence of the soaring costs of production, marketing and distribution.<\/strong> The group mentions the impact of “supply chain issues and logistical disruptions, particularly in the second and third quarters”. The automotive sector was not spared by the pandemic and the brand is also heavily impacted by the Brexit and worker shortages in the logistics sector.<\/strong><\/p>\n

 <\/p>\n

Its revenue, however, increased by 26% to \u00a31.38 billion in 2022<\/strong>, due to higher prices and a favorable exchange rate. The group’s liquidity has also increased over the past year and debt has declined to 766 million pounds at the end of 2022<\/strong>, from 892 million pounds at the end of 2021.<\/p>\n

 <\/p>\n

“Despite a challenging operating environment, we ended the year with improved growth and margins as well as positive cash flow in the fourth quarter, and the best order book in many years”<\/em>, commented Lawrence Stroll,<\/strong> the Executive Chairman. “For 2023, we expect a significant improvement in year-over-year profitability, driven by improved volumes and margins.”<\/em><\/p>\n

 <\/p>\n

Encouraging future<\/h2>\n

 <\/p>\n

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Already have an account ? Please log in<\/b><\/a>.<\/strong>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Aston Martin[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n

The losses of the luxury car manufacturer Aston martin tripled in 2022. But in 2023, all the lights are green and analysts are optimistic.<\/h4>\n

<\/p>\n

 <\/p>\n

Aston Martin’s net loss was 528.6 million pounds last year<\/strong>, compared to 191.6 million pounds in 2021, according to a statement released Wednesday. According to the British brand, this underperformance is the consequence of the soaring costs of production, marketing and distribution.<\/strong> The group mentions the impact of “supply chain issues and logistical disruptions, particularly in the second and third quarters”. The automotive sector was not spared by the pandemic and the brand is also heavily impacted by the Brexit and worker shortages in the logistics sector.<\/strong><\/p>\n

 <\/p>\n

Its revenue, however, increased by 26% to \u00a31.38 billion in 2022<\/strong>, due to higher prices and a favorable exchange rate. The group’s liquidity has also increased over the past year and debt has declined to 766 million pounds at the end of 2022<\/strong>, from 892 million pounds at the end of 2021.<\/p>\n

 <\/p>\n

“Despite a challenging operating environment, we ended the year with improved growth and margins as well as positive cash flow in the fourth quarter, and the best order book in many years”<\/em>, commented Lawrence Stroll,<\/strong> the Executive Chairman. “For 2023, we expect a significant improvement in year-over-year profitability, driven by improved volumes and margins.”<\/em><\/p>\n

 <\/p>\n

Encouraging future<\/h2>\n

[…][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n

Already have an account ? Please log in<\/b><\/a>.<\/strong>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Aston Martin[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] The losses of the luxury car manufacturer Aston martin tripled in 2022. But in 2023, all the lights are green and analysts are optimistic.<\/p>\n","protected":false},"author":1,"featured_media":99908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The losses of the luxury car manufacturer Aston martin tripled in 2022. But in 2023, all the lights are green and analysts are optimistic.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"car,automobile,debt,results,Aston Martin,revenues","footnotes":""},"categories":[1964,25],"tags":[22397,22419],"class_list":["post-99905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-strategy","category-strategie","tag-news-fr","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/99905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=99905"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/99905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/99908"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=99905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=99905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=99905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}