Bentley announces strong 2012 results
Continued growth expected in 2013
Bentley Motors has announced its financial results for the year ending 31 December 2012, reporting an increase in its total turnover of 29.9% and a profit margin increase of 7%.
Demonstrating the global reach of Bentley’s business, exports accounted for 87.3% of Bentley’s total turnover, and the company’s market share in the luxury segment rose by 4.9 percentage points to 20.1%. Bentley also made a strong start to 2013, with deliveries to customers growing by 39.5% in the first two months.
The global growth and expansion of the Bentley brand was driven by 16 new global dealers in 2012, taking the total number to 173 dealerships in 50 countries. This year, 40 more new Bentley showrooms will open around the world.
Commenting on the results, Dr Schreiber said:
“Our performance in 2012 and in the beginning of 2013 underlines Bentley’s position as the leading manufacturer of luxury vehicles and a truly global brand. Through sound investment and product planning, we now have our strongest model line-up ever and are increasing our market share. With the new Flying Spur due to arrive with customers in the middle of the year, we expect to see a double digit growth rate for the rest of 2013”.