INTERVIEW: Inchcape PLC Very good value shares in a unique global business – Zeus Capital

Inchcape PLC (LON:INCH) are the topic of conversation when Zeus Capital’s head of research Mike Allen caught up with DirectorsTalk. Mike shares his thoughts on the business model, balance sheet, explains the assumptions used when calculating the forecast and what he thinks of the current trading levels.

Inchcape Plc is a leading global premium automotive group, operating in 29 markets with a portfolio of the world’s leading car brands in the fast-growing luxury and premium segments. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance. The Company has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 16,300 people.

Click to view all articles for the EPIC: INCH
Or click to view the full company profile:

Inchcape analyst Zeus upgrades FY22 revenue forecast by 3.1% to £7.3bn

1st July 2022

Inchcape plc (LON:INCH) held the first of its ‘In The Driving Seat’ webinars, highlighting the opportunities in the Americas, one of the Group’s fastest growing regions with compelling structural trends. The company set out the implementation

Inchcape performance exceeding expectations says Zeus

17th June 2022

Inchcape plc (LON:INCH) has released another positive trading update, with performance exceeding expectations so far this year. This follows on from a positive Q1 update on 28 April. Through quarterly improvement in Distribution volumes and operating

Inchcape continues to see robust consumer demand says Zeus

4th May 2022

Inchcape plc (LON:INCH) Q1 trading update last week showed a strong start to the year, with revenue up 13% organically vs. Q1 2021. We upgrade our FY22 underlying PBT forecast by 2.4% to £300.3m, reflecting Management’s

Inchcape expanding into the Caribbean with ITC and Simpson Motors

3rd May 2022

Inchcape plc, (LON:INCH), the leading global automotive distributor, has announced that it has completed the acquisition of the ITC Group, owner of Interamericana Trading Corporation (ITC) and Simpson Motors from the Simpson Group. The acquisition expands

Inchcape “remains well positioned over the medium term” says Zeus

29th April 2022

Inchcape plc (LON:INCH) has delivered a strong start to the year, showing 13% Q1 organic revenue growth, a recent Distribution acquisition in Chile as well as the sale of the Russian business agreed. The Group now

Inchcape update on Russian operations

15th March 2022

Inchcape plc (LON:INCH) is deeply saddened by the ongoing conflict in Ukraine and the enormous humanitarian impact on all those affected. We share the hopes of the world for a peaceful resolution. In light of the current

Inchcape adjusted PBT forecasts increased by 4.3% in FY22 by Zeus Capital

1st March 2022

Performance has improved across all regions and Inchcape plc (LON:INCH) is making progress towards the objectives of its Accelerate strategy. We have increased our FY22 and FY23 PBT forecasts by 4.3% and 5.1%, respectively, to reflect

Inchcape strong FY21 results; focused on significant growth opportunities ahead

24th February 2022

Inchcape plc (LON:INCH), the leading global automotive distributor, announced today its preliminary results for the year to 31 December 2021 Duncan Tait, Inchcape CEO, commented: “Inchcape delivered a strong set of FY21 results, with improved performance across

Inchcape expands its distribution footprint into the Caribbean

7th December 2021

Inchcape plc, (LON:INCH), the leading independent global automotive distributor, has announced an agreement to acquire Interamericana Trading Corporation (ITC) and Simpson Motors from the Simpson Group. The deal will expand Inchcape’s global footprint with entry into

Inchcape’s recent strategy announcements reinforces the growth prospects says Zeus Capital

22nd November 2021

Last week Inchcape plc (LON:INCH) held a Capital Markets Day where it communicated the key elements of its Accelerate strategy. Through its two primary growth drivers – distribution excellence (Distribution) and vehicle lifecycle services (VLS) –

Inchcape Capital Markets Day: Accelerate

17th November 2021

Inchcape plc (LON:INCH), the leading independent global automotive distributor, has announced that it is hosting a Capital Markets Day in London today. The presentation, from the senior management team, will provide an in-depth look at the Group’s

Inchcape a pipeline of opportunities and upside (Analyst Interview)

4th November 2021

Inchcape plc (LON:INCH) is the topic of discussion when Zeus Capital Head of Research, Mike Allen joins DirectorsTalk Interviews. Mike talks us through the latest Q3 update, explains the changes to the forecast, provides a recap

Inchcape delivered a stronger than expected Q3 performance says Zeus Capital

29th October 2021

Inchcape plc (LON:INCH) has delivered a strong Q3 trading update with revenues 2% below pre pandemic revenues and margin strength continuing into the period as supply shortages start to bite. At present the margin strength is

Inchcape: H1 results – progress on all fronts

2nd August 2021

Inchcape plc (LON:INCH) has delivered a strong set of H1 results, which are 13% ahead of our forecasts at the adjusted PBT level. The Group is seeing strong growth across the group and the operational disciplines

Inchcape Analyst Q&A: Forecasted adjusted PBT back to pre-COVID levels (LON:INCH)

29th June 2021

Zeus Capital’s Mike Allen discusses Inchcape plc in this exclusive interview with DirectorsTalk.

Inchcape continue to take market share and deliver (Analyst Interview)

23rd June 2021

Inchcape plc (LON:INCH) is the topic of conversation when Mike Allen, Head of Research at Zeus Capital joins DirectorsTalk. Mike explains the recent earnings upgrade, shares his view on the current valuation, discusses the investment thesis

Inchcape performance to date has exceeded expectations

18th June 2021

Inchcape plc (LON:INCH) has provided a trading update. Following our Q1 update on the 29 April 2021, the encouraging trends observed across the business have continued, and the Group’s performance to date has exceeded our expectations.

Inchcape: Update to forecasts

4th May 2021

Inchcape plc (LON:INCH) delivered better than expected Q1 results last week and is showing signs of a broad-based recovery across a number of geographies. The Group recently announced its decision to right-size its Russian retail operations

Be sure to check our sister interview main ratings news website