Skip advert
Advertisement

Aston Martin confirmed to float on London stock market

It worked for Ferrari, now Aston Martin intends on floating to fund a boost in investment

Q by Aston Martin DB11 - Aston Martin badge

Aston Martin has confirmed it is to float on the London Stock Exchange, with the Gaydon based firm valued at £5bn. The flotation is expected to be completed before the end of the year.

Having submitted its intentions to the Financial Conduct Authority, the Initial Public Offering (IPO) will see 20 per cent of Aston Martin shares offered to institutional investors and staff through a company share scheme. Members of the public wishing to buy a slice of the 105 year old company will need to do so once trading begins. Final details of the offering will be published on 20 September.

Advertisement - Article continues below

> Click here for our review of the new Aston Martin DBS Superleggera

The long awaited announcement has come off the back of continuous growth and profits for Aston Martin, with CEO Andy Palmer also announcing the company’s first half results for 2018 that saw revenue increase by 8% to £445m. Profits were up 14% to £106m. 

Under Palmer’s leadership Aston Martin has benefitted from a successful period of growth and new model launches, including replacements for the Vantage, DB9 and Vanquish. Proceeds from the floatation will allow Aston Martin to continue with Palmer’s ambitious plans that will see the DBX SUV added to the line up alongside the current Vantage, DB11 and DBS Superleggara models. The new investment will also provide Aston Martin the funds to relaunch Lagonda as a luxury electric car brand to take on Rolls Royce. It will also continue to produce limited run specials in similar to the Vulcan and Valkyrie.

Current owners, Italian firm Investindustrial and the Kuwait investment fund Investment Dar, are expected to retain a percentage of a stake holding once the company goes public, alongside technical partner Mercedes-Benz. The latter is expected to retain its current 5% stake in the business.

The most recent sports car brand to go public was Ferrari, which launched on the New York stock exchange three years ago valued at $10bn, today it is valued at $24bn. 

Skip advert
Advertisement

Recommended

Inside Aston Martin’s bold comeback plan – from CEO, Adrian Hallmark
Adrian Hallmark Aston Martin CEO
Features

Inside Aston Martin’s bold comeback plan – from CEO, Adrian Hallmark

With a raft of new models on the way and a ‘boring’ but vital plan to sort logistics and manufacturing, Aston Martin CEO Adrian Hallmark goes for a dr…
2 Jun 2025
Aston Martin is first to adopt Apple CarPlay Ultra with system-wide software overhaul
 Aston Martin Apple CarPlay Ultra
News

Aston Martin is first to adopt Apple CarPlay Ultra with system-wide software overhaul

Aston Martin’s lineup will receive Apple’s long-awaited CarPlay Ultra as standard, bringing a new look and improved functionality to the range
15 May 2025
Adrian Newey to join Aston Martin Aramco F1 team
Adrian Newey
News

Adrian Newey to join Aston Martin Aramco F1 team

Newey joins Aston Martin for 2025 and beyond, initially concentrating on the incoming rule changes for 2026…
10 Sep 2024
Skip advert
Advertisement

Most Popular

Save nearly £8k on a brand new BMW M2
BMW M2
News

Save nearly £8k on a brand new BMW M2

BMW’s smallest M car is being offered for just over £60k – less than a basic Audi RS3
5 Sep 2025
Boxster and Cayman are dead – Porsche’s sweet-spot sports cars axed
Porsche 718 Boxster GTS 4
News

Boxster and Cayman are dead – Porsche’s sweet-spot sports cars axed

The ultimate goldilocks sports cars of our time finally bow out. The segment has lost its all-time great benchmarks
2 Sep 2025
Used Volkswagen Golf GTI (Mk5, 2004 - 2009) review – one of the best VWs of the last 30 years
VW Golf GTI Mk5 front
In-depth reviews

Used Volkswagen Golf GTI (Mk5, 2004 - 2009) review – one of the best VWs of the last 30 years

Volkswagen's quintessential hot hatch saw a stunning return to form in Mk5 guise. It’s aged like a fine wine and is an appreciating modern classic tod…
2 Sep 2025