Inchcape explained

Our Company

Inchcape is a leading, independent international automotive distributor and retailer operating in 26 emerging and developed markets. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance.

Inchcape’s vision is to be the world’s most customer-centric automotive retail group and represents some of the world’s leading automotive brands, including Audi, BMW/MINI, Jaguar,
Land Rover, Mercedes-Benz, Porsche, Subaru.

Inchcape, which has been listed on the London Stock Exchange since 1958 (Ticker: INCH), is headquartered in London and employs around 14,300 people worldwide.

Proven business model

Long standing relationships with a portfolio of the strongest motor manufacturers.

Our business model has a number of unique strengths, including a diversity that ensures resilience and provides a balanced portfolio of income streams.

Our Vision & Strategy

Our Vision & Strategy

Our Vision is to be the world’s most customer-centric automotive retail group and our strategy is to strengthen our business by delivering superior customer value and to expand by growing and consolidating in high-growth areas of the world.


Broad geographic spread

World map

Scale operations in 26 markets across both developed and emerging markets. Market leader in 14 of these markets.

Exciting growth opportunities in Asia Pacific and the Emerging markets, where Inchcape generates around 65% of its trading profit.

Premium brand partners

Long standing relationships with a portfolio of the strongest motor manufacturers.

Brand logos

 

Our results

£m 2011 2010 change
Revenue 5,826.3 5,885.4 -2.8%
Operating profit* 244.4 225.5 3%
RoS* 3% 3.8% -
PBT* 241.4 214.0 6.4%
Basic adj. EPS* 31.0p 32.0p -
Net cash 243.5 205.8 18.3
  1. * Adjusted to exclude the impact of exceptional items

In 2011, the Group has delivered a PBT of £227.7m, and strong cash conversion which resulted in a balance sheet with a net cash position of £243.5m.

This result demonstrates the strength of Inchcape’s unique business model with its portfolio of leading premium brands, broad geographic spread and diversified revenue streams. Given our robust profit growth, strong cash conversion, the improved financial position of the Group and our confidence in the future, the Board is recommending a final dividend of 7.4p for 2011.


2011 trading profit

H1 2011 underlying trading profit

Compound revenue growth