(Reuters) – British luxury carmaker Aston Martin posted a bigger-than-expected first-quarter pretax loss on Wednesday due to higher finance costs and the timings of its car launches.
The company reported an adjusted pretax losses of 111 million pounds ($138.45 million) for the three months ended March 31, compared with 57 million pounds a year earlier.
Analysts, on average, were expecting an adjusted pre-tax loss of 93 million pounds, according to a company-compiled consensus.
($1 = 0.8017 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips)
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