Aston Martin Lagonda Global Holdings PLC (LSE:AML)
£ 1.446 0.033 (2.34%) Market Cap: 1.19 Bil Enterprise Value: 1.97 Bil PE Ratio: 0 PB Ratio: 1.32 GF Score: 52/100

Half Year 2019 Aston Martin Lagonda Global Holdings PLC Earnings Call Transcript

Jul 31, 2019 / 08:00AM GMT
Release Date Price: £11.85 (-12.32%)
Operator

Hello, and welcome to the AML H1 results. (Operator Instructions) Please note that this call is being recorded.

Today, I'm pleased to present Andy Palmer, President and Group CEO. Please begin your meeting.

Andrew C. Palmer
Aston Martin Lagonda Global Holdings plc - President, Group CEO & Director

Good morning, everyone, and welcome to Aston Martin Lagonda's 2019 Interim Results Call. First, I'll start by walking you through the key financial and business issues of the first half. Mark Wilson, our CFO, will then cover the financial results in detail. And I'll come back briefly with the strategic update. And of course, we'll then be happy to take questions.

In May, we commented on the challenging external environment in certain of our markets. Since then, the environment has worsened, macroeconomic uncertainties have increased, and the impact on us has continued. We expect this to continue for the remainder of the year and planning prudently for 2020. As a result, as you know, we felt it necessary last week to issue revised wholesale

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