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Aston Martin's 2025 Earnings Plunge Triggers 20% Staff Cuts

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Aston Martin reported a steep decline in 2025 financial results, with revenue falling 21% to £1.26 billion and adjusted EBIT loss widening to £189.2 million. The luxury carmaker's gross profit dropped 37% to £369.8 million as lower volumes and fewer high-margin Specials weighed on performance. Total wholesale volumes declined 10% to 5,448 vehicles.

CEO Adrian Hallmark cited a 'highly challenging trading environment' marked by geopolitical uncertainty and tariffs in the U.S. and China. The company posted an adjusted EBITDA decline to £108.1 million from £271 million, while net debt increased to £1.38 billion. Free cash outflow widened to £410 million amid the downturn.

To address mounting pressure, Aston Martin initiated restructuring measures that will reduce its workforce by up to 20%, aiming to deliver about £40 million in annualized cost savings. Despite the weak year, the company projects materially better financial performance in 2026, with gross margin expected to improve into the high-30% range and adjusted EBIT margin moving toward breakeven.