Inchcape Reports Q1 Revenue Growth Amid Mixed Regional Performance

Inchcape PLC announced a revenue increase of 8% to £2.3 billion in Q1 2026, driven by strong growth in the Americas, which offset weaker performance in the Asia-Pacific (APAC) region. Organic revenue growth was reported at 6%, supported by new distribution contracts and market gains. The company noted ongoing challenges in APAC, particularly in the competitive Australian market, and is implementing management actions to address these issues. Despite some immaterial disruption to logistics in Europe and Africa due to the Middle East crisis, consumer demand has remained stable. Inchcape confirmed its full-year guidance for earnings per share growth of over 10%, with expectations for organic volume growth at the lower end of the 3% to 5% range. The company is also progressing with a £175 million buyback program and has an active pipeline for acquisitions. Overall, Inchcape is on track to meet its financial targets for 2026.

Key Points: • Inchcape's Q1 revenue rose 8% to £2.3 billion, with organic growth at 6%. • Strong performance in the Americas offset weaker results in the Asia-Pacific region. • The company confirmed full-year guidance for EPS growth of over 10%.