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Aston Martin Lagonda Global (LON:AML) Releases Earnings Results
['Mitch Edgeman']
Markets Daily
Aston Martin Lagonda Global (LON:AML – Get Free Report) posted its quarterly earnings results on Wednesday.
Aston Martin Lagonda Global had a negative return on equity of 121.47% and a negative net margin of 38.50%.
Here are the key takeaways from Aston Martin Lagonda Global’s conference call:Get Aston Martin Lagonda Global alerts:H1 financial performance improved: Revenue rose 38% to £629 million, wholesale volumes increased 21% to 2,331 units, and gross margin expanded to 34% from 28%.
Aston Martin Lagonda Global Stock Up 0.7%AML traded up GBX 0.24 during trading hours on Wednesday, reaching GBX 36.68.
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