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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Aston Martin Lagonda Global Holdings plc    AML   GB00BFXZC448

ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC

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Aston Martin CEO to Be Replaced by Mercedes AMG Chief -FT

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05/25/2020 | 02:14am EDT

--Andy Palmer, chief executive of luxury car maker Aston Martin, will leave the company as part of a reorganization aimed at restoring the business, the Financial Times reports, citing two unnamed sources.

--Aston Martin is set to announce Tuesday that Mr. Palmer will be replaced by Tobias Moers, currently head of Mercedes' AMG arm, the FT reports.

--Shares in Aston Martin have declined by more than 90% since its initial public offering in 2018, as oversupply to its dealerships and poor demand for its Vantage model weighed on performance, the FT says.

 

Full story: https://on.ft.com/2AQgdUv

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

Stocks mentioned in the article
ChangeLast1st jan.
ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC -2.03% 47.34 Delayed Quote.-90.70%
DAIMLER AG -1.18% 37.19 Delayed Quote.-23.77%
THE NEW HOME COMPANY INC. 4.27% 3.2115 Delayed Quote.-33.91%
TOWNEBANK -2.02% 16.99 Delayed Quote.-37.71%
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Financials
Sales 2020 675 M 852 M 852 M
Net income 2020 -249 M -314 M -314 M
Net Debt 2020 797 M 1 005 M 1 005 M
P/E ratio 2020 -3,01x
Yield 2020 -
Capitalization 720 M 905 M 908 M
EV / Sales 2019
EV / Sales 2020 2,25x
Nbr of Employees 2 450
Free-Float 56,1%
Chart ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC
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Aston Martin Lagonda Global Holdings plc Technical Analysis Chart | MarketScreener
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Technical analysis trends ASTON MARTIN LAGONDA GLOBA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 10
Average target price 76,10 GBX
Last Close Price 48,32 GBX
Spread / Highest target 769%
Spread / Average Target 57,5%
Spread / Lowest Target -58,6%
EPS Revisions
Managers
NameTitle
Lawrence Stroll Executive Chairman
Keith Victor Charles Stanton Chief Operating Officer & Vice President
Kenneth David Matheson Gregor Chief Financial Officer & Executive Director
Nick Lines Chief Technical Officer & Vice President
Peter Espenhahn Independent Non-Executive Director
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