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Birmingham Post
Birmingham Post
Business
Press Association & Tamlyn Jones

Losses more than double at Aston Martin

Aston Martin

Luxury sports car maker Aston Martin has revealed annual losses more than doubled in 2022 as it blamed a £156 million hit from the weakened pound.

The group posted a pre-tax loss of £495 million for last year against a loss of £213.8 million in 2021 after seeing the pound tumble in value against the US dollar.

It also said the group's performance was affected by supply chain disruption last year, according to its newly published annual results for the year to December 31, 2022.

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