Bentley increases its operating profit in 2012 to over 100 million euros

Article by Christian Andrei, on March 21, 2013

Bentley Motors posted a considerably increased operating profit of Euros 100.5m for the year ending December 31, 2012, compared to Euros 8m in 2011. Bentley was able to increase its total turnover by 29.9% to Euros 1.453 billion while its profit margin rose to 7%.

Proving the worldwide reach of Bentley’s business, exports made up 87.3% of Bentley’s total turnover, equivalent to Euros 1.269 billion in total export value. Bentley’s market share in the luxury segment increased by 4.9 percentage points to 20.1%. Furthermore, the start of the new year for Bentley had been strong. In the first two months of 2013, deliveries to customers increased by 39.5%.

Dr Wolfgang Schreiber, Bentley’s Chairman and CEO, said that the automaker expects a double digit growth rate for what remains of 2013 with the new Flying Spur expected to arrive mid-year.

In 2012, sixteen new global dealers had contributed to Bentley’s global growth and expansion. As a result, there are now 173 dealerships in 50 countries. Bentley will open 40 additional showrooms globally. Dr Schreiber said that Bentley’s performance in 2012 and in the first months of 2013 reinforces its position as the top manufacturer of luxury vehicles and a truly global brand.

He also said that with sound investment and product planning, the company currently has its strongest model line-up ever and is moving to expand its market share. In 2012, the company experienced a 22% global growth with 8,510 cars delivered to customers. Its top three regions are the US (with sales of 2,457), China (2,253 units) and the UK (1,031 units). A series of new models like the Continental GT and GTC V8 had boosted sales. The Continental family made up 62% of total sales, with the Flying Spur accounting for 25% and the Mulsanne making up 13%.

Topics: bentley, profit

If you liked the article, share on:


Login or Create new account to add a comment!


Mitsubishi is now officially part of the Renault-Nissan alliance after Nissan took over the Japanese car company recently. We know a lot has been happening in the car industry, but...
by - October 24, 2016
Driving the newest 2017 BMW 5-Series (G30), Clive Owen (Closer, Children of Men) returns to his role as “The Driver”. In this latest installment, what initially starts as a simple...
by - October 24, 2016
Many had wished that a Lamborghini Huracán Superleggera would somehow make a surprise debut at the recently held Paris Motor Show. Sadly, not a single Lamborghini appeared anywhere in sight....
by - October 24, 2016
Aston Martin and Red Bull Racing teamed up for the first time in creating what looks like one of the most ferocious beasts in history. The British car manufacturer has...
by - October 24, 2016
German premium carmaker Audi is reportedly planning to buy back around 25,000 Audi Q7 SUVs powered by its 3.0-liter V6 TDI engine in the United States. The buyback should compensate...
by - October 24, 2016