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Automobili Lamborghini S.p.A. has once again
attained record financial results, for the
first six months of the financial year 2008
(which ends 31/12/2008). All major
indicators such as deliveries, turnover and
profit before tax have clearly risen again. |
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Automobili Lamborghini S.p.A. has once again attained record
financial results, for the first six months of the financial
year 2008 (which ends 31/12/2008). All major indicators such
as deliveries, turnover and profit before tax have clearly
risen again. The company has reconfirmed its position
amongst the ‘most profitable automobile brands’ in the
world.
In the
first six months of 2008, the tradition-rich automaker
located in Sant’Agata Bolognese, Italy, has delivered 1309
cars, which represents a growth of 5,7% compared to the same
period of 2007 (1238 cars). The company also set new records
in turnover and pre-tax profit. Turnover rose by 9,6% from
€
253.1 to € 277,4 million. The pre-tax profit increased more
substantially than all other key figures. Pre-tax profit has
risen by 32,5% to
€ 35 million (€
26,4 million for the same period in 2007).
Growth
and profitability were driven by three main,
mutually-enforcing factors. With a long history of legendary
models, the company today has the latest and most attractive
model line-up ever. The global introduction of another new
model in spring this year, the Lamborghini Gallardo LP560-4,
has resulted in a highly favourable market reaction and
further added to the product portfolio's appeal. Alongside
product development, the company places persistent emphasis
on expanding and moving upmarket its dealership network. At
the same time, key brand indicators continue to rise,
including general awareness of the marque, its appeal, and
the value of the Lamborghini brand with customers and in the
public.
The
President and CEO of Automobili Lamborghini, Stephan
Winkelmann, commented, "Only three years after the
turnaround of the company and after several consecutive
record years, we are in a good position to achieve another
record year. At the same time, we are proud of having
established our luxury car brand within the elite group of
highly profitable car manufacturers. But we have not
finished our job, and remain relentlessly committed to
growing both profitability and our international brand
presence."
To
further reinforce Automobili Lamborghini’s global and
profitable growth, the world-wide dealer network will see
on-going expansion. With eight new dealerships opened in the
first half of 2008, Lamborghini dealers number 114 today,
compared to 65 in 2004. The demand in 2008 for the
Murciélago and Gallardo model variants remains strong, with
additional demand created by the new Gallardo LP560-4,
altogether resulting in record figures for the first half of
FY 2008.
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