Strong fall of the maker of James Bond



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Sharp fall of the builder of a car

Globallookpress

Strong fall of the maker of James Bond

The Aston Martin stock posted heavy losses Thursday, down nearly 20% after the British luxury automaker revealed that high costs had engulfed its 2018 earnings.

The stock price fell yesterday from £ 1,374 to £ 1080, down 20%, according to Bloomberg data.

The company announced an annual loss of 68 million pounds ($ 90 million) Thursday after making a profit in 2017 and suffered a loss of 136 million pounds ($ 181 million).

The 25% increase in revenues in 2018 did not stop investors from selling the British manufacturer, which produces the famous "DB5" car, the star James Bond.

Source: "CNN"

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