Lamborghini Reports Impressive Q1 Financial Results for 2022

Financial Growth in Q1 2022

Lamborghini recently announced its Q1 financial results, showing that the beloved Italian brand made significant progress. The upscale auto manufacturer registered steady growth through the first quarter of 2022, wherein Lamborghini witnessed an impressive rise in its turnover and operating profit.

During this period, the company’s operating profit shot up by a sizeable 25 percent, growing from €142 million to €178 million year-over-year. As for its turnover, Lamborghini earned a reported €592 million in the first three months of 2022, which is 13.3 percent up from the figures over the same period last year.

Record Car Sales

The first quarter of 2022 was remarkable for Lamborghini, as it managed to sell a record 2,539 cars, a figure that is 4.8 percent higher than the first quarter of 2021. Renowned for its fantastic supercars worldwide, Lamborghini has been awarded the coveted “Top Employer” for an incredible ninth consecutive year.

The automaker also won the accolade of “Green Star Award” for the second time, recognizing Lamborghini for its continued efforts toward sustainability since 2009. Furthermore, the niche Italian marque strengthened its sales network between January and March of this year and entered the world of NFTs (Non-Fungible Tokens) for the very first time.

Statements from Leadership

“The first quarter was the best ever for all major indicators, both business and financial. This is a result driven by a highly attractive product range and a strategy that aims to deliver less supply than demand to keep desirability high, combined with a balanced distribution of sales in the three main regions of the world,” said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini.

Paolo Poma, Managing Director and CFO of Automobili Lamborghini, also commented on the company’s performance: “The start of 2022 was marked by the ongoing context of uncertainty. In this situation, the results from the first quarter once again demonstrate Lamborghini's resilience. We will continue working with the conviction that we can maintain our growth throughout the year, compared to the results of 2021.”

Upcoming Launches and Production Records

Lamborghini stated that it will be launching three new cars in the coming months, including a new Huracan and two variants of the brand’s popular Urus SUV. Furthermore, the second quarter of this year saw the company hitting a production record, rolling out its 20,000th Huracan!

The company recently unveiled the all-new Huracan Tecnica at the New York Auto Show on April 12 this year, which is currently one of the best supercars in the world. The entry-level model from Lamborghini in the UAE is the Huracan EVO RWD (rear-wheel-drive).

Performance Specifications

Costing well north of AED 840,000 and powered by a 5.2-liter V10 engine that makes 602hp and 560Nm of torque, the Huracan EVO RWD can accelerate from 0 to 100 km/h in a mere 3.3 seconds. Its top speed of 325 km/h is impressive for an “entry-level Lambo.”

The standard variant with AWD (all-wheel-drive) features a V10 engine that produces 630hp and 600Nm of max torque. Equipped with Lamborghini’s 7-speed dual-clutch automatic gearbox, the Huracan EVO can sprint from 0 to 100 km/h in just 2.9 seconds, reaching a top speed of 325 km/h.