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Automobili Lamborghini Registers 30.6 Per Cent Growth In H1 2022

2 years ago 71

Automobili Lamborghini has best ever half-yearly sales in 2022 selling 5,090 units and recording a growth of 4.9 per cent. Its turnover reached €1.33 billion, which is an increase of 30.6 per cent over the first six months of 2021. Operating profit also stood at 69.6 per cent up, going from €251 million to €425 million. The corresponding operating margin was 31.9 per cent after 24.6 per cent in the previous year period. The step up in profitability in the first half of the year was driven by an increase in volumes; higher customization and positive exchange rates.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, commented: "We have come to the end of an exceptional first half of the year, despite ongoing uncertainty caused by the geopolitical situation. The outlook is equally positive, with orders taken already covering the whole of 2023 production."

In terms of market contribution, America, Asia Pacific and EMEA (Europe, the Middle East and Africa) accounted for 34 per cent, 25 per cent and 41 per cent of global volumes, respectively. To be specific, the United States stood out to be the number one market (1,521 units), followed by Chinese mainland, Hong Kong and Macau (576), Germany (468), the United Kingdom (440) and the Middle East (282). In terms of model split, the Urus SUV is dominated with 61 per cent of sales while the Huracan and Aventador super cars accounted for 39 per cent of sales. Among the new products this year, a very warm reception was given to the Huracan Tecnica, which was unveiled in April 2022.

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