Aston Martin Secures £50 Million Funding to Support Transformation
Aston Martin Lagonda Global Holdings PLC (AML.L) reported a 16% increase in Q1 revenue to £270.4 million and a 34.7% gross margin, driven by higher selling prices and the Valhalla model. The company secured a £50 million funding injection from the Yew Tree Consortium, linked to chairman Lawrence Stroll, which contributed to a 5% rise in its share price.
Topics: corporate transformation debt funding injection liquidity profit margins revenue growth