Filed under: Bentley, Earnings/Financials
Bentley booming in first half of '07
First half sales reports have been rolling in and it looks like things are just peachy for the crew at Crewe. Bentley is reporting increased sales for the fourth year in a row. Sales were up nearly 19 percent compared to first-half '06, meaning 5,600 individuals called themselves new Bentley owners in the past six months. During that time, the company had its best month ever, delivering 1,200 Bentleys in March alone. Thanks in large part to the GTC and the new Brooklands, things are indeed good at Bentley, and its fortunes don't seem to be slowing down any time soon. Being the ride of choice for jewelry thieves and setting ice speed records didn't seem to hurt either. The brief press release is after the jump. Read on to find out about a turnover that was tagged at 739 million Euro, which seems awfully spendy for a pastry, and an operating profit of 85 million Euro.
[Source: Bentley]
PRESS RELEASE:
Bentley Reports Strong First Half
Volume, turnover and operating profit reach record levels
Crewe, 27 July, 2007... For the fourth year running, Bentley Motors has recorded an increase in global sales volumes.
The first half of 2007 saw an increase in sales of 18.8 per cent over the same period in 2006, with over 5600 customers taking delivery of a car. Turnover, at Euro 739 million, was 24 per cent higher than the first half of 2006, and operating profit, at Euro 85 million, was also significantly higher than the first six months of the previous year. March achieved the highest number of sales in any month for the marque, with over 1200 customer deliveries worldwide.
"We have seen strong growth both in mature markets, such as Germany, the UK and the US, as well as in emerging markets, such as China and Russia," said Bentley Chairman Franz-Josef Paefgen. "This augurs well for a good full year, and the recent launch of two new convertibles – the Continental GTC and the Azure – giving Bentley its most extensive model range ever, will continue to contribute to our ongoing success."
Reader Comments (Page 1 of 1)
retsel 7:42PM (7/27/2007)
i wonder what would have happened if VW had bought jaguar instead of Ford... an XJ on the A8 platform might be sweet...
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Ligor 11:38PM (7/27/2007)
they been bringin it lately
VW has mde good progress with Bently, now they're focusing on Audi and maybe next iteration they'll have something special,
hoping the R8 trickels down the line, but with new looks as I don't like how the R8 looks
Ligor is an Idiot 1:06AM (7/28/2007)
Someone types like a migrant...
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Jaymez 2:31PM (7/28/2007)
I've seen more Bentleys on the road in the last six months than I have seen in the last 20years.
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Mike I 1:08PM (7/29/2007)
lol they look completely different
They DO look like the Rolls Royce Phantom! hahaha
whofan 9:14PM (7/28/2007)
If I really wanted one I`d have to settle for a Chrysler 300 lol. Beautiful car though.
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Paul 1:14AM (7/29/2007)
"a turnover that was tagged at 739 million Euro, which seems awfully spendy for a pastry"
You guys are great.
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