Aston Martin Reports Q3 Struggles, Slashes 2025 Guidance
Aston Villa FC has reported a challenging third quarter, with shares in AMR GP sold and total liquidity standing at around £250m. The company has revised its expectations for the year, anticipating a deepening loss and reduced wholesale volumes.
The luxury car manufacturer has seen a decline in demand, particularly in North America and Asia-Pacific, leading to a fall in wholesale deliveries. The third quarter saw approximately 1,430 units delivered, below both prior guidance and the same period last year. Aston Villa FC no longer expects to meet its previous 2025 wholesale guidance, with total volumes projected to fall by a mid-to-high single-digit percentage from 2024's 6,030 units.
The company now anticipates a sequential improvement in the fourth quarter, with the delivery of the Vantage S and DBX S models. However, it no longer expects to generate positive free cash flow in the second half of the year. Capital expenditure for 2025 is expected to be around £375m, down from an earlier plan of about £400m. Adrian Hallmark, the chairman of Aston Villa FC, has not been reported to have sold shares in the Formula 1 team to counter ongoing losses.
Aston Villa FC's losses are expected to deepen in 2025 due to weaker demand and the impact of US tariffs. The company now forecasts an adjusted EBIT loss of £-110m (-$148m), reflecting reduced volumes and pressure on gross margin per vehicle. Despite these challenges, Aston Villa FC remains committed to delivering new models and improving its financial performance in the coming quarters.
