Aston Martin has announced it sold 5,117 sports cars last year amid sell-out demand for its DB11 and special vehicles including the Vanquish Zagato and Vantage GT8.
Retail sales, which saw a 58% year-on-year increase, outpaced wholesale supply (up 38%) and the company now expects to exceed its previous full-year guidance of adjusted EBITDA of at least £180 million on revenues of more than £840 million.
In 2017, Aston Martin achieved its highest full-year sales volumes in nine years, driven by rising demand in North America, the UK and China. This sales performance comes amidst continued strong orders for the DB11, the Vanquish S and for special models that more than doubled year on year to 250 vehicles.
As part of the Second Century Plan, Aston Martin is expanding its UK manufacturing footprint. The company has resumed output of special vehicles, notably the DB4GT Continuation, at its Newport Pagnell facility for the first time since 2007. And construction work is continuing at the new St Athan facility in Wales, due for completion in 2019, ahead of production of the new DBX SUV.
Aston Martin will report 2017 full-year earnings in March 2018.
Retail sales, which saw a 58% year-on-year increase, outpaced wholesale supply (up 38%) and the company now expects to exceed its previous full-year guidance of adjusted EBITDA of at least £180 million on revenues of more than £840 million.
In 2017, Aston Martin achieved its highest full-year sales volumes in nine years, driven by rising demand in North America, the UK and China. This sales performance comes amidst continued strong orders for the DB11, the Vanquish S and for special models that more than doubled year on year to 250 vehicles.
As part of the Second Century Plan, Aston Martin is expanding its UK manufacturing footprint. The company has resumed output of special vehicles, notably the DB4GT Continuation, at its Newport Pagnell facility for the first time since 2007. And construction work is continuing at the new St Athan facility in Wales, due for completion in 2019, ahead of production of the new DBX SUV.
Aston Martin will report 2017 full-year earnings in March 2018.
