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ASTON MARTIN, Change in Ownership.

12/5/2019

 
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ASTON MARTIN, One of the Most Beautiful Luxury Car Brand in the World! The Sport Chic at its Best ! The Financial Market is betting on a take over by year end ! The Share jumps 11% in anticipation ! The Name of Lawrence Stroll, the Canadian tycoon is mentioned around. The end of the Year 2019 is a fireworks of M&A! After TIFFANY by LVMH, here comes maybe a new move in the Luxury car industry. Remember in March 2007, when Ford Motor Company sols ASTON MARTIN to the consortium led by Prodrive founder David Richards for $925 Million at that time. And then Aston Martin went to float shares on the London Exchange Market in September 2018. The last 9 months of 2019, ASTON MARTIN Sales are at £ 3.9 Billion ( -3% vs 2018). And an EBITDA at £69.7 Million vs £160.3 Million ( -57% vs 2018), and an operating loss at £27.2 Million vs a profit in 2018 at £91.5 Million. So the year end is challenging and may bring a new majority shareholder!

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