Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Jaguar land rover sees profits dip by 17% despite record quarterly revenue

by January 29, 2025
January 29, 2025
Jaguar land rover sees profits dip by 17% despite record quarterly revenue

Jaguar Land Rover (JLR) has reported a 17% drop in quarterly profit, down to £523m in the final three months of last year, even as the automotive group achieved its best third-quarter revenue on record. The company’s sales for the period rose 2% year-on-year to £7.5bn.

However, over the first nine months of its financial year, total revenue remained flat at £21.2bn.

Despite the quarterly decline, JLR said year-to-date profits have increased 7% to £1.6bn, which it described as its strongest performance at this stage of the year in a decade. The results follow the high-profile launch of JLR’s “fearlessly creative” Type 00 electric vehicle in December—an unveiling that attracted global attention.

Meanwhile, the waiting list for JLR’s first fully electric Range Rover has reached 57,000 orders. The SUV is slated to hit the market later this year. JLR chief executive Adrian Mardell noted that the company had delivered “record third-quarter revenue” and the best profit margins seen in a decade. He emphasised that despite a “challenging economic backdrop,” the firm is on course to meet its profitability and cash-flow objectives for the year.

Read more:
Jaguar land rover sees profits dip by 17% despite record quarterly revenue

0
FacebookTwitterGoogle +Pinterest
previous post
5 things to know about President Donald Trump’s ‘Iron Dome’ plan for America
next post
Lloyds Banking Group announces closure of a further 136 branches

You may also like

High Court overturns ruling in landmark judgement, clearing...

March 4, 2025

Pizza Express eyes £30m bailout as tax hikes...

March 7, 2025

Hugo Boss targets Liverpool pet brand over use...

June 24, 2025

Virgin Atlantic to soar to record profits as...

April 4, 2024

UK Government has lost £21bn in pandemic fraud,...

March 31, 2023

Government criticised for missing climate targets on nearly...

June 28, 2023

Money on Demand: Where Skrill Makes a Difference...

July 23, 2025

How to Date on LovoFinder While Building a...

November 26, 2024

Fuel Ventures and Oxford Capital join forces with...

January 23, 2025

Tech Advancements Transforming Internal Logistics for Manufacturers

August 19, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Michelle Obama portraitist’s exhibit with trans Statue of Liberty pulled after pressure from Vance

      July 25, 2025
    • Can the White House Denaturalize Domestic Opponents?

      July 25, 2025
    • An Updated Interview with George Selgin on Free Banking and Bitcoin

      July 25, 2025
    • Pentagon freezes out DC think tanks in new move, citing ‘America last’ concerns

      July 25, 2025
    • Pelosi confident about Dems’ chances to win House, predicts Jeffries will be speaker

      July 25, 2025
    • House Freedom Caucus conservative to enter race for South Carolina governor

      July 25, 2025

    Categories

    • Business (8,576)
    • Investing (2,151)
    • Politics (16,201)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved