Looking for a car?
Add to bookmarks
Our Company
Inchcape is a leading, independent international automotive distributor and retailer operating in 26 emerging and developed markets. The Group has diversified multi-channel revenue streams including sale of new and used vehicles, after sales service, vehicle parts, vehicle finance and insurance.
Inchcape’s vision is to be the world’s most customer-centric automotive retail group and represents the world’s leading automotive brands, including Audi, BMW/MINI, Jaguar, Land Rover, Lexus, Mercedes-Benz, Porsche, Toyota and Subaru. The Company, which has been listed on the London Stock Exchange since 1958 (Ticker: INCH), is headquartered in London and employs around 14,000 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 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
Scale operations in 26 markets, with 21 of these in the world’s fast growing economies of Asia Pacific and the Emerging Markets.
Exciting growth opportunities in Asia Pacific and the Emerging Markets, where Inchcape generates 68% of its trading profit.*
- * Source: Inchcape Annual Report and Accounts 2011
Premium brand partners
Long standing relationships with a portfolio of the strongest motor manufacturers.
Our results
| £m | 2011 | 2010 | change |
|---|---|---|---|
| Revenue | 5,826.3 | 5,885.4 | (1.0%) |
| Operating profit* | 244.4 | 225.5 | 8.4% |
| RoS* | 4.2% | 3.8% | 40bps |
| PBT* | 227.7 | 214.0 | 6.4% |
| Basic adj. EPS* | 35.5p | 32.0p | 10.9% |
| Net cash (debt) | 243.5 | (205.8) |
- * Adjusted to exclude the impact of exceptional items
In 2011 Inchcape delivered a robust set of results as the Group continued to strengthen its profitability and balance sheet while focusing on its differentiated customer service strategy and growing market share around the world.
Group sales decreased by 1.0% to £5.8bn for the full year to 31 December 2011 largely as a result of restricted supply from Japan following the earthquake and Tsunami, however strong cost actions enabled the Group to deliver improved margins.
In the new car segment Inchcape continued to benefit from the strong pricing power of the portfolio of leading premium and luxury brands in Asia Pacific and Emerging Markets; in the aftersales segment which represents c.50% of gross profit, gross margin remained strong for global service and parts operations.
This robust profit performance in 2011 gives Inchcape confidence in the Group’s earnings growth potential moving forward. Given this strong performance, the Board recommended a final dividend of 7.4p per share
2011 trading profit
Compound revenue growth
Quick links
Corporate profile
Discover how we work globally with the strongest brand partners.
