Aston Martin Lagonda Global Holdings plc (LON:AML) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Aston Martin Lagonda Global Holdings plc designs, develops, manufactures, markets, and sells luxury sports cars under the Aston Martin and Lagonda brand names worldwide. The UK£1.1b market-cap company announced a latest loss of UK£192m on 31 December 2021 for its most recent financial year result. The most pressing concern for investors is Aston Martin Lagonda Global Holdings’ path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts’ expectations for the company.
See our latest analysis for Aston Martin Lagonda Global Holdings
According to the 8 industry analysts covering Aston Martin Lagonda Global Holdings, the consensus is that breakeven is near. They expect the company to post a final loss in 2023, before turning a profit of UK£33m in 2024. The company is therefore projected to breakeven around 2 years from today. In order to meet…