Aston Martin boosts IPO prospects on DB11 demand

Aston Martin Holdings surged to its third consecutive quarterly profit on robust demand for the new DB11 sports car, putting the UK automaker in a better position for a potential share sale even as Brexit clouds its longer-term outlook. The company, whose high-end sports cars featured in James Bond films, has been eliminating jobs and and expanding its model range to reverse six years of losses. In a bid to follow a trail blazed by Italian rival Ferrari NV, the Gaydon, England-based carmaker could consider an initial public offering on the London Stock Exchange as early as next year, people familiar with the matter said in May.