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The London-listed company forecast wholesale volumes of about 7,000 units for 2023, slightly below average market expectations of 7,134. But its outlook of about 20% adjusted core profit margin came in ahead of analysts’ average view.
The British company reported a bigger adjusted operating loss of 118 million pounds ($142.20 million) for the year ended Dec. 31, compared with a loss of 74.3 million pounds for the same period a year earlier.
Analysts on average had expected adjusted operating loss to come in at 135 million pounds for 2022, according to a company-compiled consensus.
($1 = 0.8298 pounds)
