Lamborghini reports successful finances for 2021

Lamborghini has revealed that 2021 was its best year ever in terms of sales, turnover and profitability.

Turnover for the firm reached the all-time high of $2.93 million (1.95 billion euros), a 19% increase over 2020. Efficient management supported by the launch of new models drove operating profit to a level never previously seen.

The firm's operating margin more than doubled compared to 2018 and reached 20.2%, a profitability level in line with the luxury industry. This excellent performance translates into an operating income of $590 million (393 million euros), up by a massive 49% compared to 2020. The firm states it is aiming to push up its profitability to between 22% and 25% over the next five years.

Lamborghini also earlier reported that 2021 was its best year ever on a commercial level, with 8,405 cars delivered globally, representing a 13% increase compared to 2020. The Urus super SUV continued to lead with 5,021 units delivered, followed by the V10-powered Huracan, which saw a huge increase in sales to 2,586 units generated by the strong impetus provided by the Huracan STO. In addition, 798 V12 Aventadors were delivered across the world.

Lamborghini also states that it has arranged for a donation of $750,000 to the United Nations High Commissioner for Refugees as a concrete sign of support to the Ukrainian population affected by the latest tragic events, and has also decided to suspend its business in Russia.