Bentley notes increase in upgrades in 'encouraging' six months
31/07/2023
The luxury British marque posted operating profits of €390 million, slightly down on the same period last year, a 2% drop from €398 million.
Revenue decreased slightly: €1.681 billion against a 2022 figure of €1.707 billion, with significant interest in Mulliner personalisation and “optional uptake” (higher specification) continuing.
CEO Adrian Hallmark said: “The positive results for the first six months are largely a reflection of a consistent order bank amassed over the previous months and years and although our current order run rate is good, it is slightly down on the highs we reached in some of our key markets last year.
“We expect challenging conditions in the second half of the year and so will monitor our supply and stock levels accordingly to ensure our quality of sales is maintained, and adjusted, if we so need as the year continues.”
From the half-year deliveries of 7,096 cars, the best-selling Bentayga luxury SUV claimed 44% of sales, with the latest Flying Spur sedan accounting for 24%, and the Continental GT and GTC Grand Tourers recording 32%.
Global sales were down 4% on the same period in 2022, with the Americas remaining the company’s strongest market, followed by China and Europe.
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