Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales
Sant'Agata Bolognese, March 18, 2021 – In a year of significant challenge such as 2020, marked by the spread of the pandemic worldwide, Automobili Lamborghini responded to the situation with great energy, flexibility and determination, recording positive commercial and financial performance. The most notable financial result is the achievement of the highest-ever profitability.
Stephan Winkelmann, President & CEO of Automobili Lamborghini, commented: Our immediate responsiveness, an ideal model mix, and the growing demand for customization of our products pushed profitability to the highest levels. In such a difficult year, the brand demonstrated great strength and continued its growing appeal, bucking the trend in the global luxury industry.
2020 was the second-best year ever for Lamborghini in terms of both turnover and number of cars delivered. Lamborghini ended fiscal year 2020 with a turnover of 1.61 billion euros, just 11% down from 2019.
In 2020 Lamborghini delivered 7,430 cars worldwide, a figure representing the second-best sales result ever following the record set in 2019 with 8,205 cars delivered.
Winkelmann added: 2021 opened with a very positive outlook: deliveries in the first two months of this year have already surpassed those of the previous pre-pandemic period, and the orders placed thus far already cover nine months of production.
Mar 18, 2021 at 23:26