Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
Ceratizit MPU XYZ Machine Tools MPU Hurco MPU Bodor MPU Mills CNC MPU 2021

Machinery-Locator
The online search from the pages of Machinery Market.

Doosan Puma 400MB CNC Lathe (2008)
Doosan Puma 400MB CNC Lathe (2008)

Serial Number P35M3641
Year 2008
Swing over bed 770mm
Swing
Doosan Puma 400MB CNC Lathe (2008) Serial Number P35M3641 Year 2008 Swing over bed 770mm Swing...
G D Machinery Ltd

Be seen in all the right places!

Metal Show & TIB 2024 Plastics & Rubber Thailand Intermach 2024 Metaltech 2024 Subcon 2024 Advanced Engineering 2024

Aston Martin considering flotation

Posted on 26 May 2017 and read 1487 times
Aston Martin considering flotationAston Martin (www.astonmartin.com) , the luxury car-maker based in Gaydon, Warwickshire, is said to be considering a Stock Market float next year. The company says that it has undergone “a transformation” in the last couple of years, with its Second Century Plan creating “a strategy for growth that quickly began to show results”. Its 2016 revenues are expected to show an increase of around one-third to about £800 million when accounts are released shortly. These accounts are also expected to show a “greatly improved operational profitability”.

The company said that the progress it is making, along with the success of Ferrari’s IPO (initial public offering) in late 2015, has led it to consider its own float. This could take place as early as next year. Aston Martin has said it will bring a new model to market every nine months until 2020, adding that its expansion plans will be helped by the manufacturing plant being built in St Athan, Wales; this will be fully operational in 2019.

Simon Sproule, a spokesman for the company, said: “Aston Martin’s management are 100% focused on the delivery of our seven-year business plan. Any matters pertaining to the future structure or ownership of the company are a matter for our share-holders.”