Aston Martin Slumps After ‘Disappointing’ Year of Profit Decline
- Carmaker’s equity story has unravelled since IPO: Bernstein
- Inventory levels still higher than company wants, CEO says
The Aston Martin DBX.
Source: Aston Martin Lagonda
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The crisis at Aston Martin Lagonda Global Holdings deepened after the U.K. carmaker reported a steep profit decline in its first full year as a listed company, hammering its stock and bonds and increasing the urgency to attract fresh capital for a turnaround.