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 architecture 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.*Automotive World is not responsible for the content of this news release.