Home » News » Aston Martin » Aston Martin revenues in 2017

Aston Martin revenues in 2017

Aston Martin was in a difficult situation a few years ago. On the edge of bankruptcy, Aston Martin managed to make a fantastic return and 2017 was really great for the UK manufacturer.

The designer and manufacturer of luxury handcrafted sports cars, reported a record full-year financial performance driven by continued strong demand for the DB11 and special models.

For the 12 months to 31 December 2017, the Group delivered its highest-ever revenues of £876m, up 48% versus the prior year. Adjusted EBITDA more than doubled to £207m, while pre-tax profit rose by a quarter of a billion pounds to £87m, reversing a pre-tax loss of £163m in 2016.

The improved financial performance reflected an increase in wholesale volumes to 5,098 units, Aston Martin’s highest full-year sales volumes in nine years, driven principally by rising demand in North America, the UK and China. Global retail sales increased 58% to 5,117 units up from 3,229 units in 2016.

The strong fourth quarter and full-year performance resulted in operating cash generation of £343.8m, more than double the level achieved in the previous year. The Group became free cash flow positive one year ahead of plan. With a closing cash position of £167.9m, the Group is well placed to sustain new product investment as part of its ongoing Second Century Plan.

Under the Second Century Plan, Aston Martin is expanding its manufacturing footprint with the construction of a new plant at St Athan in Wales, due to open in 2019, and has resumed production of specialist models at Newport Pagnell for the first time in 10 years.


Related Articles

Leave a Comment

Fields marked with * are required
Name *:
Email *:
Comment *:
Code *:
  CAPTCHA
  • Email
  • YouTube
  • RSS
  • Twitter
  • facebook
  • feedburner

Related Specs

  1. 1950 Aston Martin DB2

    Engine: Water Cooled, Cast Iron, Inline-6, Power: 93.2 kw / 105 bhp @ 5000 rpm, Torque: 169.48 nm / 125.0 ft lbs @ 3100 rpm
  2. 1951 Aston Martin DB2 Vantage

    Engine: Water Cooled, Cast Iron, Inline-6, Power: 93.2 kw / 125.0 bhp @ 5000 rpmN/A
  3. 1953 Aston Martin DB2/4

    Engine: Inline-6, Power: 93.2 kw / 125.0 bhp @ 5000 rpm, Torque: 195 nm / 143.8 ft lbs @ 2400 rpm
  4. 1962 Aston Martin DP212

    Engine: DP186 Inline-6, Power: 243.8 kw / 326.9 bhp @ 6000 rpmN/A
  5. 2000 Aston Martin V12 Vanquish

    Engine: Aluminum Alloy, V12, Power: 335.6 kw / 450.0 bhp @ 6500 rpm, Torque: 556 nm / 410.1 ft lbs @ 5000 rpm

New Vehicles

Hyundai i30 N Line starts at £21,255 in UKHyundai i30 N Line starts at £21,255 in UK
After a long wait, Hyundai is finally making the most of its new N Performance division. The South-Korean manufacturer has officially announced the pricing ...

Concept Cars

Jaguar I-Pace concept makes final tests in Los AngelesJaguar I-Pace concept makes final tests in Los Angeles
Jaguar is getting closer to its first electric SUV, already anticipated by the I-Pace Concept, unveiled last year during the Los Angeles Motor Show. Now, ...

Custom Cars

ABT Cupra Ateca offers more powerABT Cupra Ateca offers more power
Just introduced on the market during this fall, the new Cupra Ateca already benefits from a tuning package created by a german tuner. It is well known ...

Future Cars

Pininfarina Battista is the official name for future Italian supercarPininfarina Battista is the official name for future Italian supercar
Pininfarina is one of the most prestigious designers in the world, but also a pioneer when it comes to electric cars. Automobili Pininfarina announced ...

Market News

Peugeot produced its one millionth C-segment carPeugeot produced its one millionth C-segment car
When Peugeot decided to replace its family cars with SUV's everyone understood the French brand is on its way to becoming a popular choice on the european ...

Gadgets

OnePlus 6T McLaren Edition phone announcedOnePlus 6T McLaren Edition phone announced
We are used to see exclusive accessories built together with famous names in automotive industry. McLaren the creator of high performance sports and supercars ...

Various News

Honda Passport enters production in AlabamaHonda Passport enters production in Alabama
Honda has a completely different range in the US. Passport is one of the most representative models sold across the Ocean. And now is produced in Alabama. ...

Motorsports

Mitsubishi Eclipse Cross T1 to compete in Dakar RallyMitsubishi Eclipse Cross T1 to compete in Dakar Rally
Mitsubishi is one of the biggest name ever competed in Dakar Rally. The Japanese brand has a long heritage when it comes to winning the difficult rally. ...

Videos

Audi is teasing a sports car prior to Paris reavealAudi is teasing a sports car prior to Paris reaveal
Audi has published a teaser video with a sports car that will be showcased during the 2018 Paris Motor Show. The teaser video was launched on the Audi ...