Lamborghini reports €592-M turnover in Q1 2022

Lamborghini reported continued growth as the Italian automotive brand turns in its 2022 first-quarter financial results. According to the Sant'Agata Bolognese-based company, turnover for the first three months of 2022 reached €592 million, about 13.3 percent higher than the first three months of 2021.

“The first quarter was the best ever for all major indicators, both business and financial. This is a result driven by a highly attractive product range, and a strategy that also aims to deliver less supply than demand to keep desirability high, combined with a balanced distribution of sales in the three main regions of the world,” said Automobili Lamborghini Chairman and CEO Stephan Winkelmann.

In addition, Lamborghini also shares that the company’s operating profit also increased by 25 percent compared to the previous year, going from €142 to €178 million.

From January to March, Lamborghini sold a total of 2,539 cars, breaking the record seen in the first quarter of 2021.

“The start of 2022 was marked by the ongoing context of uncertainty. In this situation, the results from the first quarter once again demonstrate Lamborghini’s resilience. We will continue working with the conviction that we can maintain our growth throughout the year, compared to the results of 2021,” said Automobili Lamborghini Managing Director and CFO Paolo Poma.

Photos from Lamborghini

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