Aston Martin looks to raise £210m after second profit warning in two months

Aston Martin looks to raise £210m after second profit warning in two months

Aston Martin, Automotive industry, Business, UK news Business | The Guardian

​Luxury carmaker wants to drive electrification and boost growth by taking on further debt and issuing new sharesBusiness live – latest updatesAston Martin has announced it is hoping to raise £210m to help boost growth and drive its electrification strategy, shortly after issuing its second profit warning in two months.The British luxury car manufacturer said it aims to raise £110m through new shares and a further £100m by taking on new debt to “increase its financial resilience”. Continue reading… 

Luxury carmaker wants to drive electrification and boost growth by taking on further debt and issuing new shares

Aston Martin has announced it is hoping to raise £210m to help boost growth and drive its electrification strategy, shortly after issuing its second profit warning in two months.

The British luxury car manufacturer said it aims to raise £110m through new shares and a further £100m by taking on new debt to “increase its financial resilience”.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *