Aston Martin Lagonda Global Holdings Full Year 2024 Earnings: Misses Expectations

Aston Martin Lagonda Global Holdings (LON:AML) Full Year 2024 Results

Key Financial Results

• Revenue: UK£1.58b (down 3.0% from FY 2023).
• Net loss: UK£323.5m (loss widened by 42% from FY 2023).
• UK£0.39 loss per share (further deteriorated from UK£0.30 loss in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Aston Martin Lagonda Global Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 21%.

The primary driver behind last 12 months revenue was the The Americas segment contributing a total revenue of UK£629.2m (40% of total revenue). Notably, cost of sales worth UK£1.00b amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£533.3m (59% of total expenses). Explore how AML's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are down 14% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Aston Martin Lagonda Global Holdings that you should be aware of before investing here.

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