Bentley reports its financial results for the first half of 2023
While global sales slightly fell by 4% compared to 2022, the Americas, China, and Europe remain Bentley's top markets.
Bentley Motors today reported promising H1 2023 financial results, although warning of tougher trading periods to follow. The prestigious British carmaker recorded £333 million in operating profits, a minor 2% decline from 2022's £340 million. Revenue in H1 2023 slightly dipped to £1,461 billion.
Bentley's personalised Mulliner services, derivatives, and optional uptake still command considerable interest. Adrian Hallmark, Chairman and CEO, underlined that the solid results reflect a consistent order bank. However, Hallmark acknowledges a slight dip in the order run rate from key markets.
With challenging conditions expected in H2 2023, Bentley will vigilantly manage its supply and stock levels to ensure quality sales. Bentley's half-year deliveries reached 7,096 cars, with the Bentayga SUV leading sales, accounting for 44% of total sales, followed by the Flying Spur saloon, the Continental GT, and GTC Grand Tourers. While global sales slightly fell by 4% compared to 2022, the Americas, China, and Europe remain Bentley's top markets.
Bentley sales reports:
Despite potential challenges, Bentley stays committed to its Beyond100 strategy. This 10-year, £2.56 billion initiative entails a transformation to fully electric vehicles and a carbon-neutral organisation, reaffirming Bentley’s commitment to the future of luxury motoring. View all Bentley models currently for sale on duPont REGISTRY by clicking the link below.
Source: Bentley Motors
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