Aston Martin narrows losses as Valhalla deliveries lift third-quarter results

what happened

According to TradingView, the British carmaker's revenue climbed 36% in the three months to the end of September, reaching £388.7m. The pre-tax loss narrowed to £77.1m from £111.9m a year earlier, while the operating loss shrank to £26m from £56.1m.

The company said its third-quarter performance was in line with its expectations. Core retail volumes outpaced wholesale volumes, and it delivered another 127 Valhalla cars. Over the nine months to September, the pre-tax loss narrowed to £231.3m from £252.7m, and revenue rose 38% to £1.02bn.

Chief executive Adrian Hallmark pointed to a gross margin of 35% and a free cash outflow that almost halved. Aston Martin reaffirmed its 2026 guidance, with wholesale volumes similar to last year, including about 500 Valhalla Coupe deliveries.

why it matters

The narrower losses and higher margins suggest the transformation programme is gaining traction, but the company is not yet generating cash. That keeps investors cautious, and the shares were down 1.4% at 37.48p in early trading.

market impact

Aston Martin shares: narrower losses and higher margins support the business, but the reaffirmed guidance caps expectations

• ↔Aston Martin shares mixed — narrower losses and higher margins support them, yet the shares fell 1.4% in early trading

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