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Aston Martin posts further losses but insists turnaround on track
['Holly Williams', 'Press Association Business Editor']
Irish News
Luxury carmaker Aston Martin Lagonda has laid bare the scale of its challenge to turn around its fortunes as it recorded worse-than-expected losses.
Underlying operating losses narrowed to £52 million in the second quarter from £57 million a year ago, but this was still worse than forecast.
Adrian Hallmark, Aston Martin chief executive, said: “First half 2026 demonstrates that we are on track to deliver material financial improvement this year compared with 2025.
He added: “We expect an even stronger second half, as transformation benefits flow through and Specials deliveries continue.”
London-listed Aston Martin has been pushing forward with efforts to turn performance around under Canadian billionaire Mr Stroll.