Stock Market News
Aston Martin posts smaller-than-expected quarterly loss
2024.10.30 03:25
(Reuters) – British luxury carmaker Aston Martin reported a smaller-than-expected third-quarter loss on Wednesday and reaffirmed its annual forecast, saying supply chain disruptions are being “proactively managed”.
The company, famous for being fictional secret agent James Bond’s car of choice, posted an adjusted loss before tax of 10.3 million pounds ($13.40 million) for the three months to Sept. 30.
Analysts, on average, had expected a loss of 92 million pounds, according to estimates compiled by the company.
($1 = 0.7689 pounds)