Inchcape reiterates FY guidance after Q3 growth, buyback progress.


Automotive distributor Inchcape reiterated its full-year guidance on Thursday as it said revenues had grown during the three months ended 30 September, supported by market growth and distribution contract wins.

  • Inchcape
  • 23 October 2025 09:06:23
Inchcape

Source: Sharecast

Inchcape said group revenues were up 7% at £2.3bn, while organic revenues rose 8% against softer comparators.

Volumes were up 13%, against Inchcape TIV growth of 5%, on the back of market growth, distribution contract wins and on-going product launches.

The FTSE 250-listed firm also said it had made further success in scaling its business, with continued contract portfolio optimisation, and said it was making progress on its £250m share buyback program.

Inchcape expects stronger second-half growth, aiming for an earnings per share compound annual growth rate of more than 10%, and continues to anticipate "another year of growth", at prevailing currency rates, including the impact of tariffs.

Chief executive Duncan Tait said: "We are pleased with our performance in the third quarter, which was in line with our expectations.

"Inchcape's performance during the third quarter demonstrates our ability to execute on our Accelerate+ strategy, further supporting our confidence for another year of growth in FY 2025, in line with our medium term target to deliver EPS CAGR of more than 10%."

As of 0905 BST, Inchcape shares were up 2.06% at 757.78p.

Reporting by Iain Gilbert at Sharecast.com


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