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Aston Martin posts smaller-than-expected quarterly loss

investing.com 30/10/2024 - 07:22 AM

Aston Martin Reports Smaller Loss

(Reuters) – British luxury carmaker Aston Martin reported a smaller-than-expected third-quarter loss on Wednesday and reaffirmed its annual forecast, stating that supply chain disruptions are being "proactively managed".

The company, renowned for being the car of choice for fictional secret agent James Bond, posted an adjusted loss before tax of £10.3 million ($13.40 million) for the three months ending September 30.

Analysts had, on average, anticipated a loss of £92 million, according to estimates compiled by the company.

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