**Summary of Inchcape PLCs Final Results for the Year Ended 31 December 2025**
Inchcape PLC, a leading global automotive distributor, reported its preliminary results for 2025, highlighting strong performance and strategic progress. Key highlights include
**Financial Performance**
**Revenue**ยฃ9.1 billion, up 1% organically, with improved momentum in H2. Reported revenue down 2% due to currency headwinds.
**Operating Margins**Resilient at 6.2%, with adjusted PBT of ยฃ443 million and reported PBT of ยฃ406 million.
**EPS Growth**Adjusted basic EPS up 13% to 80.8p, driven by operational performance and share buybacks.
**Cash Flow**Strong free cash flow conversion of 104%, with free cash flow of ยฃ315 million.
**Strategic Progress**
**Volume Growth**Inchcape volumes up 3%, driven by market share gains and distribution contract wins.
**Contract Wins**10 new distribution contracts, including GAC AION in Greece, Iveco in Hong Kong, and XPENG in Colombia.
**Acquisition**Value-accretive acquisition in Iceland, expanding into a new market.
**Divestments**Non-core asset divestments contributed ยฃ17 million to adjusted PBT.
**Shareholder Returns**
**Share Buybacks**Completed ยฃ250 million buyback in March 2026, acquiring 9% of equity. New ยฃ175 million buyback programme announced.
**Dividends**Full-year DPS up 13% to 32.3p, in line with 40% payout ratio policy.
**Regional Performance**
**Americas**Positive momentum with supportive market conditions.
**Australia**Resilient performance
actions taken to address APAC challenges.
**Europe & Africa**Continued market outperformance.
**Outlook for 2026**
**Volume Growth**Organic growth towards the lower end of 3%-5% guidance, H2-weighted.
**Margins**Resilient operating margins of c.6%.
**EPS Growth**Expected to exceed 10%, supported by cost discipline and cash conversion.
**Free Cash Flow**Conversion of c.100%, with performance skewed towards H2.
**Medium-Term Targets**
Expectation to generate ยฃ2.5 billion in free cash flow from 2025 to 2030, deployed for disciplined capital allocation to achieve >10% EPS CAGR.
Inchcapes diversified business model and strategic initiatives position it well for continued growth and value creation in the evolving automotive sector.
Here is a comparison of Inchcape PLC's financials and debt year on year, presented as an HTML table:
This table provides a clear comparison of key financial metrics and debt levels between 2025 and 2024, including reported, constant currency, and organic growth rates where applicable. The observations highlight the main trends and changes in Inchcape PLC's financial performance and debt position.