racing

june 29, 2017 - Mclaren

McLaren Automotive accelerates to fourth consecutive year of profitability from record sales in 2016; confirms business plan on track with launch of new Super Series and Sports Series models

Record 3,286 #mclaren cars sold in 2016 drives 70% increase in profit before tax
£65.8M operating profit for period is 180% gain on 2015 and fourth consecutive year of operating profit in only sixth year of selling cars
Sales revenues of £649.8M in 2016, up by 44%
Turnover of bespoke sales division, #mclaren Special Operations, grows by 147% compared to 2015, with Aftersales revenue also increased, by 37%
Continued significant investment in Research and Development, at £129.1M (20% of turnover) in 2016
Workforce grows by further 8%, to manage company growth and meet product demand
Track22 Business Plan confirmed as on track to deliver ongoing success for #mclaren #automotive as a manufacturer of luxury sportscars and supercars
First car launched under Track22 was #mclaren 720S, in March 2017; sold out for this year with 1,500 orders taken
Second car is new #mclaren 570S Spider, which makes world debut at #goodwoodfestivalofspeed as the first convertible in the #mclaren Sports Series

British sportscar and supercar manufacturer, #mclaren #automotive, today announces yet another record-breaking year in respect of vehicle sales and financial performance.

Profit before tax of £9.2M from an annual sales revenue of £649.8M in 2016 gave #mclaren #automotive a fourth consecutive year of profitability in only six years, since start of sales in 2011. This was an increase in profit before tax of 70% compared to the £5.4M reported in 2015.

More information on the press release

- Photogallery (23)

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- Documents (1)

Press release

1MB

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