Aston Martin posted a profit of £87 million in 2017 - £250 million more than the £163 million loss the brand achieved in 2016.
This was driven by a 58% upswing in global sales compared with 2016, with 5117 cars finding homes across the year. £876 million in revenue was raised - 48% up on 2016.
The sales are the highest Aston Martin has achieved since 2008 - three years into Vantage sales and four years into DB9 sales. Previously talking to Autocar, brand CEO Andy Palmer (pictured below) described the year’s greatest challenge as its expansion to over 5000 cars from 3600 annually.
Aston Martin’s performance in the fourth quarter of 2017 was its best in the brand’s 104-year history, with a £64.8 million pre-tax profit contributing strongly to the full-year total.
2018 started less strongly for sales, however, with 100 deliveries almost cutting the previous January’s 189 deliveries. The introduction of the new Vantage, with the phasing out of the Vantage likely contributing to the 48% dip. When first deliveries of the Vantage kick off in June, these are expected to climb to new heights.