Bentley Announces Strong Half-year Financials

by BTM

Tue, 05 September 2023

Bentley Announces Strong Half-year Financials

Bentley Motors has announced encouraging financial results for the first six months of 2023, however cautioned of more difficult trading conditions to follow. The luxury British marque posted operating profits of EUR390 million, slightly down on the same period last year, a two percent drop from EUR398 million. 

Revenue decreased slightly in 2023, posting EUR1.681 billion against a 2022 figure of EUR1.707 billion, with significant interest in Mulliner personalisation, derivatives and optional uptake continuing. Return on sales remained as 23.2 percent for the first six months of 2023.

 The Middle East region proved to be a particular success story for the brand, with sales up by 11 percent over the first half of the year when compared to the same period in 2022.

From the half-year deliveries of 7,096 cars, the best-selling Bentayga luxury SUV claimed 44 percent of total sales, with the latest Flying Spur sedan accounting for 24 per cent, and the Continental GT and GTC Grand Tourers recording 32 per cent.