Inchcape

Inchcape has increased its ongoing share buyback programme by £75 million from £175 million to £250 million. UBS London will manage the programme on a non-discretionary basis; up to 53,615,114 shares may be repurchased no later than 5 March 2027. All acquired shares will be cancelled; the measure is part of the capital allocation strategy and is conditional on free cash flow and the balance sheet. » More on de.investing.com

Inchcape reported 1% organic revenue growth in Q4 2025 to £9.1bn and adjusted earnings per share of £0.808 (+13%). Adjusted pre-tax profit rose 3% to £443m, the operating margin was 6.2% and free cash flow was £315m. The company announced a £175m share buyback programme but shares fell about 8.8% as investors expressed skepticism about regional risks and growth prospects. Inchcape expects further growth from new distribution agreements and product launches but sees ongoing competitive pressure and tariff-related disruptions, particularly in the APAC region. » More on de.investing.com

Inchcape reported adjusted EPS growth of 13% to 80.8p for fiscal 2025, with organic revenue up just 1% and total revenue of £9.1bn. Strong cash generation (free cash flow £315m) enabled £238m of buybacks and a 13% dividend increase, although the stock fell sharply after the results. Regionally, North and South America and Europe & Africa were strong, while Asia-Pacific contracted organically by 12%; management announced actions for APAC. For 2026 Inchcape is targeting moderate organic volume growth at the lower end of the 3–5% range, operating margins around 6% and £175m of buybacks. » More on de.investing.com