Aston Martin Lagonda Global Holdings PLC (FRA:A5SA)
€ 1.789 0.059 (3.41%) Market Cap: 1.49 Bil Enterprise Value: 2.40 Bil PE Ratio: 0 PB Ratio: 1.34 GF Score: 58/100
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Q3 2019 Aston Martin Lagonda Global Holdings PLC Earnings Call Transcript

Nov 07, 2019 / 08:30AM GMT
Release Date Price: €11.55 (+0.61%)
Operator

(technical difficulty)

Mark Gerrard Wilson
Aston Martin Lagonda Global Holdings plc - Executive VP, CFO & Director

Good morning, everybody, and welcome to the Aston Martin Lagonda Quarter 3 2019 Results Call. As the operator said, I'm Mark Wilson, I'm the CFO here at Aston Martin Lagonda. So first, I'm going to take you through the presentation that I'm sure you've seen, and that's available on the IR section of our website, and then I'll very happily take your questions at the end of that presentation.

So without further ado, moving on to Slide 1. It's clearly been a very difficult year for us, and trading conditions have been tough, particularly in the U.K. and Europe. Despite this, in the first 9 months of the year, retail sales grew in all regions, up 13% globally as we took market share in our segment, which itself is outperforming the wider auto industry. As we look to find a balance between growth, brand positioning and dealer inventories, we controlled wholesale volumes, they are down 3% in the period and 16% in the third quarter on its

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