Aston Martin Holdings (UK) Limited Full Year Results 2011

ashton martin (select to view enlarged photo)

GAYDON, England--April 20, 2012:

Aston Martin Holdings (UK) Limited announces full year results for the 12 months ended 31 December 2011.

    
    - Revenue increased by 7% to GBP506.8m, the highest level since 2008
    - Adjusted EBITDA was GBP76.2m
    - China expansion plans progressing at rapid pace
    - Retail volumes remained stable at circa 4,200

Dr Ulrich Bez, Chief Executive Officer, Aston Martin, added: "Our 2011 results demonstrate the energy, passion and ongoing resilience of Aston Martin - a truly unique, independent manufacturer. We are on track with our expansion plans around the world, especially in China, and are investing in new models. I'm particularly pleased to see the company returning to 2008 revenue levels despite the continued uncertainties in the global economy.

"The Aston Martin brand is stronger than ever. This is demonstrated by intense interest in our new V12 Zagato, recently shown at the Geneva Motor Show, and our GBP1.2m One-77 supercar - all 77 of which are now sold."

Hanno Kirner, Chief Financial Officer, Aston Martin, commented: "Despite challenging macroeconomic conditions we were encouraged to see volumes remain stable during 2011 and revenue rise by 7% year on year due to a richer product mix. Profitability was impacted by ongoing investments in new market development which resulted in a decrease of 18% from the 2010 EBITDA figure of GBP93.3m."