Sunday, 16 December 2018

Jaguar Land Rover keeps growing

JAGUAR Land Rover has delivered its fifth successive year of solid growth, robust financial results and continued investment in its

JAGUAR Land Rover has delivered its fifth successive year of solid growth, robust financial results and continued investment in its future.

With a balanced regional distribution of sales, retails of 462,209 vehicles in the year supported £21,866 million of revenue — up £2,480 million compared with the previous 12–month period.

Profit before tax was £2,614 million for the financial year — up £113 million on the previous year.

Commenting on the results and the company’s plans, chief executive officer Dr Ralf Speth said: “Jaguar Land Rover has delivered five years of solid financial results, enabling us to invest in our long–term future.

“This has positioned the company strategically and financially for continued sustainable growth. The past year has been one of significant achievement, with the expansion of our vehicle ranges and our manufacturing footprint.



“We are committed to delivering further growth this year, maintaining our relentless pace of launching new models and introducing innovative technologies for our discerning customers around the world.”



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