Bentley Reports Strong First Quarter Following Best Ever Performance in 2022
Bentley Reports Strong First Quarter Following Best Ever Performance in 2022
Bentley continued its strong performance from the previous year. A best-ever first quarter aligned with the rise in global car sales by 10 per cent, to 3,517 luxury vehicles. The Americas reported a record sales increase of 39 per cent, to 1,157 cars.
May 12, 2023
Bentley Motors today reported record first quarter financial results, and the second best-ever quarter in its illustrious history. The luxury British marque began 2023 with operating profits of €216 million, an increase of 27 per cent on the same period last year. Overall revenue rose to €882 million, up 9 per cent from €813 million.
Return on sales in the first quarter climbed from 20.9 per cent in 2022, to 24.4 per cent. Much of this was due to strong continued interest in model customisation, including the sales of unique Mulliner Coachbuilt and Limited Edition models. The first quarter figures also reflect strong performance in global sales, which increased by 10 per cent, to 3,517 exceptional cars. The Americas reported a 39 per cent rise over the same period in 2022, with a total of 1,157 vehicles.
The latest global figures and demand for new models provide Bentley with self-funding for its ground-breaking Beyond100 strategy, which will lead the way to sustainable luxury mobility in the future.