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.

Friday 8 November 2013

Jaguar Land Rover posts higher sales, profits and revenue for Q2

Jaguar Land Rover Automotive plc has today reported its second quarter earnings for the 2013/2014 fiscal year.
Retail sales in the quarter increased 21% year on year to 102,644 vehicles. This reflects strong demand for the new and refreshed Jaguar and Land Rover line up which was enhanced during this period by Jaguar’s 14MY introductions, the sales debut of the Jaguar F-TYPE and Range Rover Sport and a strong Range Rover performance.
Strong global sales volumes resulted in revenues of £4,612m for the second quarter, up 40% on the same period last year.

Profit before tax increased to £668m for the quarter supported by strong sales.
For the first half of the 2013/2014 fiscal year the company reported retail sales of 197,363, up 16% year on year. Revenues were £8,709m, up 26% year on year and profit before tax was £1,083m, up 42% year on year.
Commenting on the results, Jaguar Land Rover Chief Executive Officer, Dr. Ralf Speth said: "Our unrelenting focus on design, technology, innovation and quality has seen Jaguar Land Rover reach global consumers in more markets than ever before thanks to its most engaging product line-up.
“Our customers are at the heart of everything we do and we remain committed to exceeding expectations and delivering outstanding customer experience in all areas of our business.”   

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.