Aston Martin Lagonda : Change of risk profile, rating downgraded to Neutral
>EBITDA there, but cash still absent - AML yesterday morning reported a mixed set of Q4 results, with, on the one hand, solid and better-than-expected EBITDA (£ 175m, +13% y-o-y vs css/ODDO BHF at £ 164m), but, on the other, still-negative FCF (-£ 63m), short of expectations (css at +£ 26m and ODDO BHF +£ 48m) and of management’s guidance which was for positive FCF in the quarter. Downward revision to our 2024 EBITDA forecast, FCF breakeven pushed out - §...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.