- Revenue increased 13 per cent to £519m
- Full year adjusted EBITDA up 22 per cent to £84.8m
- Global retail volumes increased 11 per cent to circa 4,200
- Biggest investment programme in the 101-year history of the brand
28 April 2014, Gaydon: Aston Martin Holdings (UK) Limited is today announcing full year results for the 12 months ended 31 December 2013.
Aston Martin Chief Financial Officer, Hanno Kirner commented: “We made excellent progress on a number of fronts in 2013: growing our global sales, improving our EBITDA and building further on the company’s strong brand as we celebrated our centenary around the globe.
“We will, in the next few years, be implementing the biggest investment programme in our 101-year history, preparing the ground for new and exciting products in the future.
“Our strong ownership structure and strategic partnership with Daimler AG, finalised in December 2013, provides us with a solid foundation for the unprecedented investment programme that will underpin our future growth.
Kirner continued: “We are engineering a completely new architecture and technologies to ensure that our next generation of sports cars is at the forefront of design, performance and technology. The strategic partnership with Daimler AG will bring with it cutting edge electrical and electronic expertise, and the shared development of world-class bespoke V8 powertrains.”
In order to facilitate the biggest investment programme in the history of the brand the company’s capital structure was significantly strengthened in April 2013 when experienced sector investor, Investindustrial, joined Primewagon and Adeem Investment and the other existing shareholders, confirming the value story of Aston Martin.
The 2013 results benefited from an improved model and market mix and the 13 per cent increase in revenue was supported by full year sales of the highly successful Vanquish Coupe and the launch of greatly anticipated Vanquish Volante and V12 Vantage S models in Q4. In addition the company strengthened the existing dealer network and opened in new markets, including Mexico and Thailand.
About Aston Martin:
Aston Martin is a world-famous British manufacturer of luxury sports cars. Founded in 1913, and now in its second century of sports car-making, the company is synonymous with exceptional quality and craftsmanship.
The blueprint for all Aston Martins remains constant – they are characterful and exciting sports cars built to the highest standards. All are imbued with the brand’s key features of Power, Beauty and Soul – combining pure performance and true sporting ability with passion, refinement, luxury and exceptional beauty.
Aston Martin is based in Gaydon, England. Its cars are handcrafted by highly-skilled engineers and technicians, guaranteeing the utmost attention to detail and precision across the range. Today, the line-up comprises the iconic Vantage family of V8, V8 S, and extreme V12 Vantage S, the timeless DB9, luxurious Rapide S four-door sports car and ultimate super GT – the Vanquish.
Aston Martin has a global network of 148 dealerships across 44 countries and has built around 70,000 sports cars in its 101-year history – underlining its truly exclusive, bespoke nature.