Aston Martin has issued its second earnings warning in as many months - and is now looking to raise cash.
The shortfall was blamed on a “minor” production delay for its limited-edition Valiant sports car, which means only half of the 38 planned models will be delivered by the end of the year.
As a result, it today announced that expected earnings for 2024 have fallen to £280 million, down on 2023’s £306m.
The British firm is now looking to raise £210m of extra cash, issuing new debt and shares.
