McLaren Automotive has posted a second consecutive year of profitability four years after opening its first retailer.
It says 2014 sales increased 18% over 2013 helped by an expanding range of luxury sports cars.
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In 2014, the company generated an operating profit of £20.8m (2013: £12.4m, + 68%) and a profit before tax of £15.0m (2013: £4.5m +233%). These profits were generated from turnover that grew from £285.4m in 2013 to £475.5m in 2014.
A total of 1,649 vehicles were delivered to customers around the world, an increase of 18% over 2013. Following the introduction of the 650S in Coupé and Spider form at the 2014 Geneva Motor Show where the two models were launched simultaneously, strong demand for the core McLaren model range saw sales reach 1,401 units. In addition, 248 examples of the McLaren P1 (2013: 36) were delivered – around two thirds of car’s total 375 unit production run.
