Aston Martin forecast it would hit midterm targets of ￡500mn of adjusted profits and ￡2bn of revenues by 2024-25 and said it could eventually sell 17,000 cars a year.
The luxury-car maker, which sold 6,400 cars last year, will ditch official targets for sales when it sets out midterm targets on Tuesday, focusing instead on cash flow, margin improvements and revenue targets.
Owner and chair Lawrence Stroll said the business had the capacity to sell 10-15,000 models a year, with likely sales “maybe 17 [thousand] at its peak in years to come”.
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