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Tag: Financial Results
TI Automotive Acquisition Completed By Bain Capital
AUBURN HILLS, Mich. (June 30, 2015) – TI Automotive, a leading provider of automotive fluid storage, carrying and delivery systems for passenger cars and light trucks, today announced the completion of the acquisition of the company by affiliates of Bain Capital, a leading global private investment firm. Financial terms of the private transaction, which was… Continue reading TI Automotive Acquisition Completed By Bain Capital
2014 record year for Automobili Lamborghini in sales and turnover
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In the fiscal year 2014 Automobili Lamborghini S.p.A. again improved its key financial figures and reached new records in terms of sales and turnover in its history of more than 50 years. Worldwide deliveries to customers increased from 2.121 to 2.530 units: a growth of 19 percent. Turnover showed an even stronger growth of 24 percent from 508 million euros to 629 million euros. The over-proportional growth in turnover is due to a continuing high demand for the Lamborghini Aventador and the very successful market introduction of the new Huracán.
“For the fourth year in row Automobili Lamborghini delivered a very satisfying performance. The record values underline the attractiveness of our model portfolio as well as the strength of our global brand, product and commercials trategy,” said Stephan Winkelmann, President and CEO of AutomobiliLamborghini S.p.A.
Production at the Sant'Agata Bolognese headquarters is already used to capacity for the current year 2015.
In order to assure its commitment to innovation and in preparation for future growth, the long-established Italian super sports car company maintains its investment in research and development and in factory premises. Despite an above average rate of investment of over 20% compared to the industry the company also made a profit in the year 2014.
Winkelmann underlined: “Today the company is driving towards the future from a very solid economic base. With our very attractive model mix, on-going anticipated investment and stable markets, we anticipate a phase of solid growth in the medium term.”
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Automobili Lamborghini: vendite e fatturato record nel 2014
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Lamborghini Media Centre
RELATED
Press Release (English)
Automobili Lamborghini: vendite e fatturato record nel 2014
Rekordwerte für Automobili Lamborghini in 2014 bei Absatz und Umsatz
Lamborghini Media Centre
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Important awards for Audi
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