The company reported an operating profit of £186m (€216m) and revenue of £2.25bn (€2.6bn) while adding that customer deliveries declined by five per cent during the year, driven largely by continued market contraction, particularly in China.
Axel Dewitz, board member for finance and IT, added the firm showed strong underlying financial performance despite challenging external factors, including additional pressure from US tariffs.
“These results give us confidence that Bentley’s financial foundation is solid, [while] highlighting the need to continue to invest in our future product portfolio and site transformation.”
In a statement, Karen Lewis, regional officer for the GMB union, said: “Trump’s tariffs have hit Bentley hard and the company is still feeling the affects of the Covid lockdown.
“GMB will stand side by side with members in Bentley to ensure the minimum redundancies and the maximum pay outs.”