- 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."
No comments:
Post a Comment
Please leave a message, I will verify them swiftly, Sorry to have to do this now as some twat keeps spamming my message system, unfortunately they are ignorant and spoil it for everyone else,
Note: only a member of this blog may post a comment.