Lamborghini's profits fell due to tariffs and geopolitical instability

Financial results of the company

According to the results of the first six months of the year, the operating profit of Lamborghini decreased to €395 million against €431 million a year earlier At the same time, operating profitability decreased from 26.5% to 22.7%, which indicates increased pressure on business profitability.

The company's financial director, Paolo Poma, explained that the results were affected by the increase in US tariffs, adverse currency fluctuations and general instability in global markets.

Record sales despite declining sales

Despite the decline in profits, Lamborghini set a new sales record. In the first half of the year, the company's revenues increased by 7.4% and achieved €1.74 billion, which was the best result in the history of the brand.

At the same time, the volume of supplies decreased by 4.6% — to 5,422 cars. The figures were affected by US tariffs on imported cars and components, weaker demand in China and geopolitical risks, which affected the entire luxury car segment.

Challenges for Volkswagen

Lamborghini CEO Stefan Winkelmann noted that the company continues to demonstrate resilience even in the face of high volatility in global markets, but the situation in the automotive industry remains difficult.

Problems also affected the parent concern Volkswagen, which after a drop in operating profit in the second quarter on 9.5% revised its forecasts and abandoned the previously planned growth rate of sales.

What is known before

Earlier, Volkswagen significantly lowered its annual revenue forecast due to a sharp drop in sales in China. Against this background, the concern continues the implementation of a large-scale cost optimization program, which involves reducing staff and revising the development strategy of individual brands.