BusinessToday Previous Editions

BUSINESS TODAY 2 March 2023

Issue link: https://maltatoday.uberflip.com/i/1493916

Contents of this Issue

Navigation

Page 5 of 11

2.3.2023 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES GO 10 27.80 1 2.780 2.780 2.780 2.780 0.000 HSB 1,000 740.00 1 0.740 0.740 0.740 0.740 0.000 MIA 150 840.00 1 5.600 5.600 5.600 5.600 -0.050 PG 290 603.20 1 2.080 2.080 2.080 2.080 0.000 CORPORATE STOCKS G32GA 147,600 155,108.40 6 105.120 105.000 105.000 105.120 0.120 CORPORATE BONDS AX26A 3,000 2,565.30 1 85.510 85.510 85.510 85.510 -9.490 BV30B 11,100 9,990.00 1 90.000 90.000 90.000 90.000 -2.000 DF26A 15,000 14,999.00 2 100.000 99.990 99.990 100.000 0.050 GH27A 25,000 24,375.00 2 97.500 97.500 97.500 97.500 0.000 HF27A 7,100 6,851.50 2 96.500 96.500 96.500 96.500 -1.350 HF28A 4,300 3,810.23 1 88.610 88.610 88.610 88.610 -7.390 HP25A 15,200 15,184.80 2 99.900 99.900 99.900 99.900 0.050 IB32A 15,000 14,895.00 2 99.900 99.000 99.000 99.900 0.900 IH25A 3,000 3,030.00 1 101.000 101.000 101.000 101.000 -1.000 IH26B 4,100 4,017.59 1 97.990 97.990 97.990 97.990 -0.010 MO31A 5,000 4,711.50 2 94.250 94.000 94.000 94.250 0.250 26A 15,000 14,400.00 1 96.000 96.000 96.000 96.000 -0.500 MY32A 4,600 4,473.50 1 97.250 97.250 97.250 97.250 0.000 PC26A 5,000 4,779.30 2 95.600 95.500 95.600 95.500 -2.000 SD27A 18,000 17,280.00 2 96.000 96.000 96.000 96.000 0.000 SF27A 13,400 12,745.00 4 96.000 92.500 96.000 92.500 2.490 ST27A 19,000 18,675.00 4 99.500 97.500 97.500 99.500 2.000 TG26A 5,600 5,488.00 1 98.000 98.000 98.000 98.000 0.000 TI27A 5,000 4,550.00 1 91.000 91.000 91.000 91.000 -8.000 Malta Stock Exchange Regulated Main Market Trading Date: 1 Mar 2023 FTSE 250: Aston Martin revenue up 26% ahead of launch of 'exclusive model' ASTON Martin has reported increased revenue and underly- ing profits after a "strong fourth quarter in 2022". The car-marker posted that its revenue for the year to 31 De- cember grew 26% to £1.38bn, and that underlying profits were up 38% to £190.2m. However pre-tax losses across the company increased to £495m, up from £214m the year previous. The company stated that reve- nue was boosted by inflation, al- lowing it to achieve a record av- erage selling price of more than £200,000 per vehicle. The car-maker (AML.L) also added that it plans to delivery of a number of new products in the second half of 2023. One being a ramp up of the DBS 770 Ultimate, and because 2023 sees the firm's 110th anni- versary, there is a plan to pro- duce a "new, strictly limited, ex- clusive Aston Martin model". The car-maker went on to discuss how later in 2023 will see the first deliveries of the already-sold-out Aston Mar- tin Valkyrie Spider and the ul- tra-luxury DBR22. Aston Martin doesn't go into detail about the design of the "extraordinary special model" to be released later this year to mark the company's 110th anni- versary. However, speculation abounds that the upcoming limited-run model could be based on the Valkyrie. The limited addition product could also be an entirely new design, which the firm has pro- duced in the past, with low-vol- ume releases of the Vulcan, and one-offs like the Victor. If the new vehicle was to be modelled on the Valkyrie, then an idea of its acceleration could be a similarly impressive 0 to 60 mph in 2.5 seconds, and a top speed of 250 mph. Executive chairman Lawrence Stroll said the company end- ed the year "with significantly improved growth, margin en- hancement and positive free cash flow in Q4, exiting 2022 with the strongest order book in many years". In the company's preliminary results for the 12 months to 31 December 2022, CEO Lawrence Stroll added: "2022 saw Aston Martin continue to build on the strong foundations that have been established during my three years as executive chair- man. While the last 12 months presented industry-wide chal- lenges, we look to the future with renewed confidence in our ability to deliver on our vision, and the targets we have set." He added: "We have made the biggest investment in our icon- ic brand through the launch of a bold new creative strategy and brand position that aligns Aston Martin to our future ambitions. Our high-performance DNA has been further amplified by our partnership with the Aston Mar- tin Aramco Cognizant Formula One TM team, driving growing demand from a new generation of customers, with more than 60% new to the brand." Aston Martin's highly successful DBS 770 Ultimate

Articles in this issue

Archives of this issue

view archives of BusinessToday Previous Editions - BUSINESS TODAY 2 March 2023