Currently reading: Aston Martin turnaround begins with £6.6 million profit in Q4

Aston exceeds financial expectations as average sale price soars to £184,000 and DBX boosts demand

Aston Martin has posted a profitable end to 2022, stirring hopes among investors and fans that the struggling luxury brand can turn around a prolonged loss-making spell.

The company made a narrow operating profit of £6.6 million for the final three months of 2022, boosted by a higher average selling price for its cars of £184,000, up from £152,000 last year, excluding specials. 

A weaker pound helped Aston Martin during the year, although not enough to negate a sharp rise in operating expenses such as raw material costs.

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