Aston Martin posts 900 pct surge in Q3 profit before tax to USD 4 mln

Aston Martin posted a 900 per cent increase in third-quarter profit before tax to 3.1 million pounds ($4 million) as the newly listed carmaker continues a growth plan which saw its volumes double in the period.

The luxury brand, which last month became the first British carmaker in decades to float on the London Stock Exchange, said it expected full-year sales to come in at the top end of expectations at up to 6,400 vehicles.

Total volumes rose 99 per cent to 1,776 vehicles, helped by a 185 per cent increase in the Americas and a 133 per cent increase in the Asia Pacific. ($1 = 0.7686 pounds)