Aston Martin Lagonda Global : H1 2021 Results - Presentation

H1 2021 RESULTS

S I X M O N T H S E N D E D 3 0 t h J U N E 2 0 2 1

C h i e f E x e c u t i v e O f f i c e r

Tobias Moers

H1 2021 highlights

1

2

3

Significant improvement year-on-year,in-line with expectations

• Wholesales and revenue more than trebled to 2,901 and £499m
• Adjusted EBITDA £49m with 10% margin

Operating as a luxury company

• GT/Sport rebalance completed in Q1, earlier than originally planned
• Good visibility for GT/Sport and DBX

Excellent progress with Project Horizon

• Successfully launched two new vehicles
• All Aston Martins to have option of electrified powertrain by 2025/26
• Launched class-leading configurator
• Leveraging Aston Martin Cognizant Formula OneTM team
• Manufacturing efficiencies delivering improved performance
• Strengthened executive leadership team and Board*
• Employee survey shows strong pride in Aston Martin

On track to create a world-class, performance oriented, ultra-luxury

automaker

3	* 38% Board members (executives and independent non-executives) are now female

C h i e f F i n a n c i a l O f f i c e r

Kenneth Gregor

H1 2021 financial results

Significant improvement on prior year

Total Wholesales1

(Units)

H1 2021	2,901
H1 2020	895

Revenues

(£m)
H1 2021	499
H1 2020	146

Adjusted Operating Loss

(£m)

H1 2021		(36)
H1 2020	(146)

2

Free Cash Flow

(£m)

H1 2021		(44)
H1 2020	(371)

Adjusted EBITDA				Net Debt
(£m)				(£m)
		49		792
H1 2021			H1 2021
H1 2020	(89)			H1 2020	751

Note: Certain financial data within this presentation has been rounded; See Appendix for more detail on APMs; (1) Total wholesales are

5 company sales to dealers (some Specials are direct to customers); (2) Operating cashflow less investing activities (excl. interest) and net cash interest; note cash interest payments are in Q2 and Q4