Best Ever Financial Results in 2022 – 82 Percent Growth in Profit from a Four Percent Volume Increase
Friday, March 17, 2023/ Editor -Share
- €708 million operating profit, increase of €319 million on 2021
- Best-ever results align with record car sales of 15,174 cars in 2022
- Overall revenues jump 19 percent year-on-year to €3.38 billion from a four percent volume increase, due to significant shift in customer buying patterns
- Higher specification derivatives, higher option uptake and the sale of Limited Editions and Coachbuilt collectibles drive increased return on sales of 20.9 percent
- Strong profits and demand outlook provide self-funding basis for the upcoming Beyond100 strategy - €3 billion investment in Crewe factory and five new BEV launches in five years starting 2026
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