Delivery against key metrics, +13% EPS growth, and new £175m share buyback programme

Against a backdrop of a transforming industry, Inchcape delivered against key metrics during FY 2025 in line with our medium term targets and delivered against our Accelerate+ strategy, reaffirming the strength of our diversified and scaled business. We made further strategic progress, winning 10 new Distribution contracts and completed an acquisition in Iceland, a new market for Inchcape.

We expect to deliver another year of growth in 2026, and our confidence for 2026 is underlined by our new £175m share buyback programme.

FY25 Results

duncan-tait-mobile
"During a transformative year in the automotive sector, Inchcape’s diversified and scaled business model delivered results in line with our medium-term targets, reporting double-digit EPS growth and winning 10 new Distribution contracts. Looking ahead, we expect to deliver a year of growth in FY26."

Duncan Tait

Group Chief Executive

Revenue

£9.1bn

 Reported revenue

Organic growth

1%

(YoY%)

Profitability

 £443m

Adjusted PBT +3% YoY in constant currency

Operating margin

 6.2%

 (10)bps in constant currency

 ROCE

29%

 vs 27% in FY 2024

Balance sheet & cash

£315m

 Free cash flow, 104% FCF:PAT conversion

 Adjusted net debt

 £264m

excluding lease liabilities vs £190m in FY24

Leverage

 0.4x

 vs 0.3x in FY 2024

Shareholder returns

 80.8p

 Adjusted basic EPS +13% from FY24

 Dividend per share (proposed)

 32.3p

+13% from FY24

Our investment case

Our investment case

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Results, Reports & Presentations

Results, Reports & Presentations

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