{"id":66416,"date":"2018-02-27T01:39:56","date_gmt":"2018-02-27T01:39:56","guid":{"rendered":"http:\/\/www.bnreport.com\/aston-martin-the-manufacturer-of-james-bonds-cars-could-list-in-london\/"},"modified":"2018-02-27T01:39:56","modified_gmt":"2018-02-27T01:39:56","slug":"aston-martin-the-manufacturer-of-james-bonds-cars-could-list-in-london","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/aston-martin-the-manufacturer-of-james-bonds-cars-could-list-in-london\/","title":{"rendered":"Aston Martin, the manufacturer of James Bond’s cars, could list in London"},"content":{"rendered":"

Aston Martin, the iconic luxury car manufacturer which was made famous by fictional spy James Bond, has said it is considering a float on the public markets.<\/p>\n

Any final decision on a float would be down to Aston Martin's Italian private equity owner Investindustrial, which could choose to sell the company to a private buyer if a willing (and deep-pocketed) party came forward. <\/p>\n

London would be the likely venue for such a listing, City A.M. understands, though no firm decisions have yet been made.<\/p>\n

Read more: <\/strong>Aston Martin gears up to unveil \u00a3600m investment drive in China<\/a><\/p>\n

"As part of our ongoing development strategy, we continue to consider a range of strategic options for the future of the group, including the potential for an IPO [initial public offering]," said Aston Martin's chief financial officer Mark Wilson, as the company released results today.<\/p>\n

The 2018 results<\/h2>\n

Under Investindustrial's oversight, Aston Martin revved up profit by a quarter of a billion pounds year-on-year to \u00a387m \u2013 putting the once-struggling British company firmly back in the black.<\/p>\n

Read more: <\/strong>Aston Martin just had its best year in a decade<\/a><\/p>\n

Meanwhile, demand for the new DB11 produced the highest unit sales in nine years. Revenues hit an all-time high of \u00a3876m, up 48 per cent year-on-year, as the fourth quarter of 2017 saw the strongest performance in the company's history.<\/p>\n

Investindustrial completed a similar turnaround operation with Italian motorbike brand Ducati, which it sold in 2012 to Audi for around \u00a380m.<\/p>\n

Read more:<\/strong>Aston Martin owner Investindustrial grabs Chelsea-based luxury furniture retailer Oka<\/a><\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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CityAM<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

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