Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed. The business has reported a revenue of £984.2m for its latest financial year, up from the £887.
8m it achieved in 2022. Rolls-Royce Motor Cars, which is owned by BMW, also posted a pre-tax profit of £128.8m, up from £121.
1m, according to newly filed accounts with Companies House . The firm achieved its highest year of sales in the marque’s 119-year history in 2023 with 6,032 cars delivered across almost 50 countries, up from 6,021. The Hampshire-based business said that, globally, the highest demand is for its Cullinan model, followed by Ghost.
Rolls-Royce stopped the production of its Wraith and Dawn models in 2023. During the year, an interim dividend of £91.2 was paid to BMW UK.
In May 2024, another interim dividend of £95.5m was also paid. The average number of people employed by Rolls-Royce Motor Cars during 2023 increased from 1,506 to 1,751.
A statement signed off by the board said: “The company ended the year in a strong financial position. “Our outlook remains cautiously optimistic, albeit tempered by economic uncertainties and geopolitical tensions. “Over the last two decades here at the home of Rolls-Royce, we have built a business with the governance, resilience and flexibility to meet these challenges.
“We follow our long-standing commitment to be globally balanced and never to rely o.