Aston Martin Lagonda Global Holdings Full Year 2024 Earnings: Misses Expectations
Aston Martin Lagonda Global Holdings reported disappointing Full Year 2024 results, with revenue of UK£1.58 billion, down 3% from FY 2023, and a net loss of UK£323.5 million, widening by 42%. Revenue missed analyst estimates by 1.5%, and earnings per share fell short by 21%. The Americas segment contributed 40% of total revenue. Despite a forecasted revenue growth of 11% annually over the next three years, shares have dropped 14% recently, and a warning sign has been identified for potential investors.
Aston Martin Lagonda Global Holdings (LON:AML) Full Year 2024 Results
Key Financial Results
- Revenue: UK£1.58b (down 3.0% from FY 2023).
- Net loss: UK£323.5m (loss widened by 42% from FY 2023).
- UK£0.39 loss per share (further deteriorated from UK£0.30 loss in FY 2023).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aston Martin Lagonda Global Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 21%.
The primary driver behind last 12 months revenue was the The Americas segment contributing a total revenue of UK£629.2m (40% of total revenue). Notably, cost of sales worth UK£1.00b amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£533.3m (59% of total expenses). Explore how AML's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe.
Performance of the market in the United Kingdom.
The company's shares are down 14% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Aston Martin Lagonda Global Holdings that you should be aware of before investing here.
