Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to €2.43bn (R45.7bn), driven by a solid order backlog and high demand for all models.
The firm delivered 8,411 cars in the first nine months of 2024, an 8.6% increase compared to the same period last year, when it topped 10,000 deliveries for the first time.
Lamborghini, part of Germany's Volkswagen group, also posted a 9.8% jump in its operating profit (EBIT) to €678m (R11.9bn).
CEO Stephan Winkelmann said the carmaker had been boosted by the introduction of three new models in past 18 months.
“Our third-quarter results further boost expectations of another record year, once again confirming our position among the most profitable brands in the luxury segment,” CFO Paolo Poma said in a statement.
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