GOODWOOD (England): After a share-price slump that’s wiped out close to half its value since a listing last October, Aston Martin Lagonda is hoping that the informal setting of the Goodwood motor-racing gala has helped win over investors who thought they were buying into another Ferrari NV.
The Festival of Speed, a four-day celebration of sports and high-performance autos held in parkland near England’s south coast, offered a chance to lay out the group’s strategy in a less formal manner than the usual results presentations and slide shows, and with a lineup of the company’s supercars to illustrate the point, chief executive officer Andy Palmer said in an interview.
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