Aston Martin forecasts below par earnings but annual car sales to dealers rise 82%

British Luxury automaker Aston Martin said sales to dealers in 2021 surged 82%, even as it forecasted lower-than-expected annual adjusted core earnings.

Aston Martin projected lower earnings on fewer-than-planned shipments of its Valkyrie sports cars in the fourth quarter.

The company said it expects annual adjusted core earnings to be about 15 million pounds ($20.31 million) lower than expected.

The company sold 6,182 cars last year, driven mainly by demand for its first sport utility vehicle, the DBX.