Jaguar Land Rover announces even more growth in sales, income and profits for the last full year.

• Fifth successive year of solid growth
• Retails 462,209 vehicles
• Revenue £21,866 million
• EBITDA £4,132 million.  
• EBITDA margin of 18.9%
• Profit Before Tax £2,614 million
• £3,147 million CAPEX and R&D investment

Jaguar Land Rover Automotive plc today reported its full year results for the 12-month period to March 31, 2015. The company delivered its fifth successive year of solid growth, robust financial results and continuous investment in its future.

  

With a balanced regional distribution of sales, retails of 462,209 vehicles in the fiscal year supported £21,866 million of revenue, up £2,480 million compared to the prior 12-month period.

Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased to £4,132 million, up £739 million on the previous year, equivalent to an EBITDA margin of 18.9%, up 1.4 percentage points.

Profit Before Tax was £2,614 million for the year, up £113 million on the prior year reflecting the higher EBITDA and lower net finance expense, partially offset by the effect of unfavourable revaluation of foreign currency debt and hedges, as well as higher depreciation and amortisation.    

Capital Expenditure and Research and Development investment for the year was £3,147 million.

Commenting on the results and the company's plans, Jaguar Land Rover Chief Executive Officer, Dr Ralf Speth said: "Jaguar Land Rover has delivered five years of solid financial results, enabling us to invest in our long-term future. 

This has positioned the company strategically and financially for continued sustainable growth. The past year has been one of significant achievement, with the expansion of our vehicle ranges and our manufacturing footprint. 

We are committed to delivering further growth this year, maintaining our relentless pace of launching new models and introducing innovative technologies for our discerning customers around the world."  

• Over the past five years, Jaguar Land Rover has doubled sales and employment, more than tripled turnover, and invested more than £10 billion in new product creation and capital expenditure.
• High points in Fiscal Year 2014/15 included the reveal of three Jaguars, the all-new XE and F-PACE and the new XF, as well as the start of retail sales of the all-new Land Rover Discovery Sport.
• In October 2014, Her Majesty The Queen formally opened Jaguar Land Rover's Engine Manufacturing Centre at Wolverhampton, UK, a £500 million investment, which will employ 1,400 when operating at full capacity.
• In the same month, the company opened its first ever overseas manufacturing facility in Changshu, China.  Construction of its second overseas plant, in Brazil, started in December.
• In March 2015, Jaguar Land Rover confirmed £600 million of investment in the West Midlands region to support product creation and advanced vehicle manufacturing. The largest single investment was made at the company's Castle Bromwich plant, where over £400 million was spent in new and upgraded facilities to support the introduction of the all-new Jaguar XF.
• In April 2015, the company officially opened its £500 million 'factory within a factory' at Solihull, where production of the new Jaguar XE marks the first Jaguar model to roll off the line at the home of Land Rover.
• The company plans 50 product actions over the next five years, of which 12 will be in 2015.