Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.

Thursday, 14 February 2013

More good news from Jaguar Land Rover


  • Profit before tax of £404m and increased revenues of £3.8bn for the quarter
  • 88,658 vehicles sold in the quarter (up 14%) 
  • Profit before tax of £1.2bn for the 9 months ended 31st December (up 20%)
  • Continued investment in new products and technologies 
  • Successful new  $500m 10 year bond issue in January 
Jaguar Land Rover Automotive plc has today reported pre-tax profits of £404m for the three months to the end of December 2012. For fiscal year to date, Jaguar Land Rover reported pre-tax profits of £1.2bn, up 20% compared to the same period last year.
The third quarter results reflect a 14% increase in retail sales volumes (88,658 vehicles in total) globally. The company generated revenues of over £3.8bn during the quarter and £10.7bn in the fiscal year to date (an increase of £1.4bn). 
Commenting on the results, Ken Gregor, Jaguar Land Rover Chief Financial Officer said: "Jaguar Land Rover has produced another solid set of results supported by the continued success of the Range Rover Evoque, launch of the all-new Range Rover and further growth in China and other markets.  We continue to invest in new products and technologies to support our aim of profitable volume growth."

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