Bentley breaks yearly profits record within first half of 2022 | Autocar

Good news for Bentley: the luxury firm has smashed its yearly profits record within the first half of 2022 💵

However, Bentley’s foothold in mainland China, Hong Kong and Macau fell by 25%, to 1621. The firm attributed the slump to extended Covid-19 lockdowns in the region.

Nonetheless, the global sales figure of 7398 is 3% greater than the 7199 recorded at the same point in 2021. Hallmark said: “Despite the continued global economic instability, it is promising to see Bentley is showing financial consistency as we reinvent the company in line with our Beyond100 strategy and form a basis to withstand further external shocks.”

“These results reflect a strong base pricing position, increased revenue through optionality and favourable foreign exchange rates” added Jan-Henrik Lafrentz, Member of the Board for Finance & IT at Bentley.The spokesperson said: “We’re not gonna make any predictions apart from to say that it’s got to be another record.”

Bentley’s success mirrors that within the collective Volkswagen Group, which posted an overall profit increase of 16.1% compared with the first half of 2021.

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