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Wednesday, August 3, 2022

Lamborghini Is Sold Out Until The End Of 2023


Lamborghini has continued to break record ending its first half of 2022 with its best six months ever when it comes to sales, turnover, and profitability.

Despite the tight supply constraints, global deliveries stood at 5,090 units (+4.9 percent), while in terms of financial indicators turnover reached € 1.33 billion, which marked an increase of 30.6 percent over the first six months of 2021. Operating profit was also 69.6 percent up, going from € 251 million to € 425 million. The corresponding operating margin was 31.9 percent after 24.6 percent in the previous year period. The step up in profitability in the first half of the year was driven by an increase in volumes; the product mix; higher customization; and positive exchange rates.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, commented: “We have come to the end of an exceptional first half of the year, despite ongoing uncertainty caused by the geopolitical situation. The outlook is equally positive, with orders taken already covering the whole of 2023 production.”

Paolo Poma, Managing Director and CFO of Automobili Lamborghini, added: “This is a very challenging time but Lamborghini is facing it successfully thanks to a clear long-term strategy, which is bolstered by the brand’s great appeal. The results from the first half underline the positive trend and strengthen our conviction that we can end 2022 with a significant increase in results compared to the previous year.”

Deliveries are more or less spread globally with America, Asia Pacific, and EMEA (Europe, the Middle East and Africa) accounting for 34 percent, 25 percent and 41 percent of global volumes respectively. More specifically, the United States is the number one market (1,521 units), followed by Chinese mainland, Hong Kong and Macau (576), Germany (468), the United Kingdom (440), and the Middle East (282).

In terms of model split, the Urus Super SUV is responsible for 61 percent of sales while the Huracán and Aventador super sports cars (the latter of which is reaching the end of production) account for 39 percent.

Lamborghini has confirmed that starting in August, there will be three new product announcements this year: two regarding Urus and one Huracán.

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