Aston Martin Holdings has reported 2012 final quarter revenue up 20% over the same period in 2011 and a full year adjusted EBITDA of GBP69.3m (US$106.51) on sales of 3,800 vehicles.
Chief executive officer Ulrich Bez said: “We are encouraged to see that revenue increased following the launch of the Vanquish and new DB9 in the fourth quarter. We have started 2013, our centenary year, with the launch of Rapide S and we look forward to welcoming our new investors, Investindustrial.
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“Despite challenging market conditions the company has increased its research, development and investment activity. We are confident in our business plan and expect that recent new model introductions plus further exciting announcements to come later in the year will support a positive financial performance in 2013.”
Chief financial officer Hanno Kirner added a recently confirmed GBP150m (US$230m) capital increase would support significant new product investment programme of more than GBP500m (US$767m) over the next five years.
