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Q3 2021 Aston Martin Lagonda Global Holdings PLC Earnings Call Transcript
Thank you for standing by, and welcome to the Aston Martin Q3 2021 Results Conference Call. (Operator Instructions)
I advise you that your conference is being recorded today, Tuesday, the 4th of November 2021. I would now like to hand over the conference to CEO today, Tobias Moers. Please go ahead, sir.
Hello, good morning, everyone, and welcome to Aston Martin's Q3 2021 Results Q&A. I'm Tobias Moers, CEO, and I'm joined by Ken Gregor, CFO. We will give you a brief review of our performance, and then we will be happy to take your questions. There are some short slides to accompany our comments, which can be found on the results page of our website. So I'm almost really pleased with our performance to date, delivering strong results in line with our plan. Both wholesale and revenues nearly doubled year-on-year and adjusted EBITDA improved by GBP 190 million to GBP 72 million with 10% margin.
The shift to a demand-led ultra-luxury operating model that we
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