Highest levels of personalization drive second best financial performance on record for Bentley Motors
- 13,560 extraordinary cars delivered in 2023 achieving an overall revenue figure of €2.938 billion
- Operating profit reaches €589 million with return on sales of 20.1 per cent driven by positive mix effects from higher specification derivatives, higher option uptake and the sale of Limited Editions and Coachbuilt collectibles
Bentley Motors today revealed financial performance for 2023 that was heavily influenced by record levels of interest in luxury personalisation. Operating profits reached €589 million as three-quarters of customers explored the 46 billion different configurations available from the options range to add bespoke content from Bentley's Mulliner division, representing a 43 per cent rise over 2022.
Return on sales reached 20.1 per cent in 2023, a marginal drop from 20.9 per cent the year before, impacted by upfront expenditures for future products, and planned reduced volumes due to life cycle effects.
Bentley's latest financial performance support the company's industry-leading Beyond100 strategy, as it drives towards self-funding of the transformation of its entire product range to electric, and becoming carbon neutral by 2030.
Year | Retails | REVENUE (€) | Operating (€) |
2023 | 13,560 (-11%) | 2.938 billion (-13%) | 589 million (-17%) |
2022 | 15,174 (+4%) | 3.384 billion (+19%) | 708 million (+82%) |
2021 | 14,659 (+31%) | 2.845 billion (+39%) | 389 million (+1845%) |
2020 | 11,206 (+2%) | 2.049 billion (-2%) | 20 million (-69%) |
2019 | 11,006 (+5%) | 2.092 billion (+35%) | 65 million (+123%) |
posted on conceptcarz.com
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