Losses at Aston Martin have been slashed dramatically but the manufacturer remains in the red as it looks ahead to a new generation of electric vehicles.
In its full-year results for 2021, the listed sports car maker posted a pre-tax loss of £213.8 million, compared to a loss of £466 million the prior year.
The improvement came as revenue climbed from £611.8 million in 2020 to £1.09 billion last year which was due to substantial volume growth driven by customer demand, it said.