Aston Martin sets aside £30m for Brexit as revenues rise by 25%

Carmaker’s plans for no deal or disorderly exit from EU include £2m for revised supply routes

Aston Martin Lagonda has set aside £30m in preparation for any Brexit-related disruption as the luxury carmaker reported strong revenues in its first set of annual results since its stock market debut.

The company said it was setting aside the cash in readiness for no deal or a disorderly Brexit, including £2m for revised supply chain routes. It has hired a new supply chain chief and has made plans to fly in components or bring them in through naval ports.

Continue reading…

Read full original article »