Accelerating growth and driving shareholder value
At Inchcape, we leverage our global automotive Distribution expertise, strong OEM partnerships, and data-driven capabilities to deliver sustainable growth and shareholder value. With a focus on operational excellence and expanding in high-growth markets, we are uniquely positioned to capitalise on the evolving mobility landscape. Read more in our investor narrative.
Three pillars of our investment case
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The leading global automotive Distributor
- Long-term, diversified OEM portfolio
- Deep competitive moat through technology
- Scaled and diversified geographic footprint
With an attractive financial profile
- Growth driven by market outperformance
- Resilient operating margins
- Highly cash generative and capital efficient
Driving shareholder value
- Clear dividend policy
- Commitment to on-going share buybacks
- Value-accretive acquisitions
Analyst coverage and consensus
Results, reports & presentations
Investor Contact
Rob Gurner
Head of Investor Relations
+44 (0)7825 189 088
[email protected]
Our distribution model
Discover more about our differentiated offering as the world’s leading independent automotive Distributor. Gain insight into how we operate, what sets us apart, and how we deliver value for our OEM partners.
We use our local market expertise to inform certification and vehicle ordering decisions, around elements like model types and specification.
We deliver vehicles and parts to markets in each of our regions.
We work on brand proposition development and positioning, price setting and marketing, maximising market share for our partners.
This includes the exclusive distribution of original vehicle parts, maintenance, finance and insurance.
We bring our omni-channel platform to customers to deliver world-class, digital-first experiences for consumers through DXP.
We recommend the optimal channels to reach consumers and businesses covering network management, digital, and omni-channel and including the selection and management of independent third-party dealers, where appropriate.
H1 2026 results
“Inchcape continued to deliver on our Accelerate+ strategy during the first half of 2026, supported by our diversified and scaled market and brand portfolio. Looking ahead, we remain confident in growing adjusted EPS by >10% this year, in line with our medium term guidance.”
Group Chief Executive
Revenue
£4.7bn
Reported revenue
Organic growth
5%
9% reported YoY
Profitability
£188m
Adjusted PBT H1 2025: £200m
Operating margin
5.3%
down (40) bps in constant currency
ROCE
31%
vs 27% in H1 2025
Balance sheet & cash
£84m
Free cash flow, 112% FCF:PAT conversion (LTM)
Adjusted net debt
£329m
excluding lease liabilities vs £374m in H1 25
Leverage
0.5x
vs 0.6x in H1 25
Shareholder returns
35.5p
Adjusted basic EPS (H1 2025: 35.5p)
Interim dividend per share
10.8p
14% from H1 25
Trends shaping our markets
Our industry is undergoing transformation — shaped by the transition to lower-carbon mobility options, technological innovation, and global complexity. Discover more about the critical role Inchcape plays in helping OEMs navigate this complexity and the opportunities ahead.
Our Accelerate+ Strategy
With Accelerate+, we will enhance our position as the world’s leading independent automotive Distributor and grow our business, delivering outstanding results for our stakeholders. Capitalising on our differentiated platform, we will create a stronger and more diversified Inchcape.
Investor centre
