Press release
116KB
march 15, 2022 - Bentley
Bentley posts record financial performance in 2021
- Operating profit of €389 million – more than double previous highest
- Follows annual #sales of 14,659 cars
- Bentley continues as most popular brand in higher echelons of luxury sector - €200,000 and €250,000
- Performance supports Bentley’s forward-looking Beyond100 strategy
- Record #figures underpinned by €3 billion investment in #crewe factory and future products
- Bentley to build new electric model every year for five years from 2025
(Crewe, 15 March 2022) Bentley Motors today announced the luxury marque’s financial results for 2021, complementing the company’s record #sales performance during the same 12-month period. Operating profits rose to €389 million, which was €369 million more than in 2020.
Turnover last year reached €2.845 billion, while an increased level of personalisation and a model mix dominated by Speed, Mulliner and Hybrid models resulted in the average revenue per luxury car rising by eight per cent over 2020. This contributed to an impressive return on #sales of 13.7 per cent.
Bentley had already announced that it had delivered 14,659 extraordinary cars in 2021, a 31 per cent increase on the previous record year of 2020. Furthermore, there was a steady increase of customer interest in new models resulting in an order bank at record levels at the start of 2022.
The #figures are also a vindication of customer appreciation of the freshest model line-up in the luxury segment and of Bentley’s ground-breaking Beyond100 strategy, to be end-to-end carbon neutral by 2030. The initiative has been underpinned by a ten-year investment programme at the #crewe factory, a €3 billion sum representing the biggest transformation and investment programme in Bentley’s history. The company plans to build one new electric model each year for five years from 2025 onwards, as the entire model range undergoes electrification.
Commenting on the #figures, #adrianhallmark, Chairman and CEO of #bentley Motors, said:
“These results were achieved against a continued backdrop of economic uncertainty. They represent a major achievement for everybody involved at #bentley Motors, as we push forward with our Beyond100 programme to reinvent our entire product range in the build-up to carbon neutrality by 2030.”
Jan-Henrik Lafrentz, Member of the Board for #finance and IT, #bentley Motors, added:
“Brand strength has been key to Bentley’s financial performance in 2021, with new models such as Bentayga Hybrid helping to drive profit to a record €389 million. Increasing demand for our hybridised models, supported by €3 billion of sustainable investment in our #crewe factory, will ensure we remain the benchmark manufacturer in sustainable luxury mobility.”
Further information in the press release to download
1e81938f-bdc8-4132-8ef0-0dea423f04be
1280x992, 172KB
f4f7af1f-7240-4b9b-ae51-3ff916d7bbef
1280x992, 215KB
baabc3c3-088b-4655-9498-92c6861c81ce
1280x992, 257KB
d7dbc2fd-88f6-4cc1-add4-9a13cd033387
1280x992, 184KB
44a8fcf9-21a1-45de-8844-8f43980b0453
1280x992, 214KB
53a977c9-7d25-4568-a2fa-9c5ec03d26ae
1280x992, 139KB
Related news |
||
|
|
|
april 11, 2024
|
march 22, 2024
|
march 14, 2024
|
|
Mercedes-Benz Cars: Q1 sales reached 463,000 units; good start in the U.S.; solid performance in Europe; model changeover in Asia... |
Adrian Hallmark, chairman and CEO of Bentley Motors Ltd. since February 2018, is leaving the company at his own request and by mut... |
The BMW Group achieved its business objectives for financial year 2023, as forecasted. Despite strong competition and volatile con... |
Download all 
You might be interested in |
||
|
|
|
february 02, 2024
|
february 01, 2024
|
december 12, 2023
|
|
EV sales increased 42%EV and PHEV sales combined climb 77%Record January total sales for Palisade and the all-new KonaFOUNTAIN VAL... |
Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in EuropeHyu... |
Hyundai Motor America has appointed Michel Poirier as vice president of aftersales and customer experience, a new division for Hyu... |
Italian 
Download all 
Share
Share via mail 
Automotive
Sport
Events
Art&Culture
Design
Fashion&Beauty
Food&Hospitality
Technology
Nautica
Racing
Excellence
Corporate
OffBeat
Green
Gift
Pop
Heritage
Entertainment
Health & Wellness