Overview
- Aston Martin widened its headline pre-tax losses to £88.7m in the second quarter and to £154.2m for the first half of 2026, showing the scale of its short-term cash challenge.
- The company said underlying operating losses narrowed in Q2 to £52m from £57m a year earlier while first-half revenues rose 38% to £628.6m and wholesale volumes increased year on year.
- Management highlighted early commercial traction with 220 sales of the Valhalla plug-in hybrid supercar and said orders for the model should ramp up in the second half.
- Liquidity has been bolstered by more than £600m from chairman Lawrence Stroll and a newly agreed £550m debt facility from HPS, and the group is pursuing further workforce cuts to deliver about £40m of annual savings.
- Aston Martin warned that higher US tariffs, increased luxury-car taxes in China and the Middle East conflict could damage demand and supply chains, and said it will monitor those risks as it seeks a stronger H2; the company’s turnaround depends on execution of funding, cost cuts and steady global demand.