Bentley Motors has reported record first quarter financial results, and its second best quarter ever.
The Volkswagen owned luxury brand booked operating profits of EUR216m, a 27% year on year rise. Revenue rose 9% to EUR882m.
Return on sales climbed from 20.9% to 24.4%. Much of this was due to continued strong interest in model customisation, higher specification derivatives and higher option uptake.
Unit sales rose 10% to 3,517 cars. The Americas saw a 39% rise to 1,157 units while Asia Pacific volume rose 11% and Middle East 66%.
Adrian Hallmark, chairman and CEO, said: “Looking ahead, although our well-balanced distribution model shows signs of encouragement that this success can be continued, we remain cautious about global challenges that remain in the markets.”
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By GlobalData