Bentley Motors’ Best-ever Financial Results For The First Quarter…

On Friday May 5, Bentley Motors reported record its first quarter financial results, and it’s second best-ever quarter in history. The luxury British marque began 2023 with operating profits of €216 million, an increase of 27 per cent on the same period last year. Overall revenue rose to €882 million, up 9 per cent from €813 million.

The figures come in the wake of record-breaking annual results in 2022, when operating profits of €708 million were nearly €1 billion higher than in 2018. In addition, this unparalleled performance was worth €319 million more than in 2021.

Return on sales in the first quarter moved from 20.9 percent in 2022, to 24.4 percent. This was largely attributable to the increased sales of exclusive Mulliner Coachbuilt and Limited Edition models, as well as the continued strong interest in model customization, derivatives with higher specifications, and option uptake.

The strong performance of global sales, which increased by 10% to 3,517 exceptional cars, is also reflected in the first quarter figures. The Americas revealed a 39 percent ascend over a similar period in 2022, with a sum of 1,157 vehicles, while Asia Pacific (+11 percent) and Center East (+66 percent) also showed positive result.

Bentley is able to self-fund its ground-breaking Beyond 100 strategy, which aims to lead sustainable luxury mobility in the future, thanks to the most recent global figures and demand for new models. That recognizes a €3 billion investment for its Crewe production line, as well as launching five new BEV models in only five years, beginning in 2026.

Despite a challenging global environment, we started 2023 where we left off in 2022, with another solid set of financial figures, driving growth in revenue, operating profit and return on sales.

Bentley’s record performance in the Americas is also especially notable, with one in three of our luxury cars now sold in the region. The introduction of the Bentayga EWB, plus the success of the Flying Spur sedan, have been key to this growth.

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Looking ahead, although our well-balanced distribution model shows signs of encouragement that this success can be continued, we remain cautious about global challenges that remain in the markets.

Q1 Year-to-date Financial Figures (Revenue):

€882 million (+9%)

€813 million

Operating Result

€216 million (+27%)

€170 million

Return on Sales:

24.4 per cent

20.9 per cent

Q1 year-to-date sales figures (Americas):

1,157 (+39%)



Chinese mainland, Hong Kong and Macau:

666 (-12%)




645 (-9%)



Asia Pacific:

410 (+11%)



United Kingdom:

361 (-2%)



Middle East:

278 (+66%)




3,517 (+10%)



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