Company
Inchcape PLC
LON:INCH
Inchcape is the leading independent multi-brand automotive distributor and retailer, operating in 32 markets with a portfolio of the world's leading automotive brands. 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 17,800 people.
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FTSE 100 fails to join in the festive mood, closing up 4 points
The mid-morning rally fades and London's blue chip index closes a shortened trading session little changed
Inchcape acquires 70% stake in Chilean car distributor
Adding £130mln in revenue, the deal expands the car retailer's distribution footprint in the Americas region
Inchcape reverses out of Russia
This is quite a big issue for Inchcape, as its Russian retail operations contributed around 10% of group sales in 2021
Inchcape posts better-than-expected third-quarter results as business recovers from coronavirus disruption
In an update for the period from July 1 to September 30, 2020, the company said group revenue fell by 10% on an organic basis to £1.9bn, and by 19% on a reported basis, but that was ahead of its expectations
Inchcape upgraded as JPMorgan Cazenove calls the bottom of the market
The analysts also downgraded Signature Aviation even the aviation support services group has “proven itself to be more resilient than feared”
Inchcape initiated at ‘add’ as Peel Hunt eyes long term opportunity post-coronavirus
Peel Hunt said the car dealer's revenue mix and cost base flexibility “should support underlying profitability and cash generation” as the pandemic subsided
Inchcape sales fall and activity levels expected to be subdued for some time
The car distributor and retailer is currently open in 25 markets and closed in eight others, including the UK, Singapore and Chile
Inchcape appoints tech veteran as new boss
Duncan Tait held senior roles at Fujitsu, Unisys, Hewlett Packard and Compaq
Inchcape scraps dividend amid coronavirus disruption
The car seller is still operating in 14 of its 33 markets and is confident in surviving through prolonged disruption
Inchcape suspends £150mln share buying programme
Some £25mln has been spent buying shares since the programme kicked off last month, and, it is being suspended next week
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FTSE 100 closes in red Thursday as ECB update underwhelms
There were mixed messages in Mario Draghi's update on Thursday
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Day ahead preview: Unilever, National Express, Diageo, ECB
With a slew of corporate earnings and the European Central Bank's policy decision, Thursday will be a busy day of news
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ITV investors hope for Love Island boost amid tough ad market
The week ahead includes updates from ITV, Unilever, Rightmove, Diageo, Marston's, IG Group, National Express, GSK and AstraZeneca
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Burberry, Kingfisher, Thomas Cook and Aston Martin in focus in week ahead
The week ahead's highlights include updates from Burberry, Land Securities, British Land, Premier Foods, Experian, Kingfisher, Aston Martin, Dignity, Centrica, Thomas Cook, On the Beach and Countryside Properties.
Inchcape drives higher as Jefferies International starts coverage with a ‘buy’ rating and 845p target price
Analysts at the US broker said: “Inchcape's low valuation does not represent its repositioned business, strong cash flow and potential for upgrades, in our view”
Inchcape full-year profit drops as sales hit by stricter emissions rules, challenging retail market
The FTSE 250-listed company reported a 2.6% fall in pre-exceptional pre-tax profit on a constant currency basis to £356.8mln for the year ended 31 December 2018
FTSE 100 closes lower as Chinese data dents sentiment
The UK's premier share index closed down around 32 points at 7,074
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IAG, Rolls Royce and British American Tobacco on the agenda for busy blue chip Thursday
Its set to be a busy day for blue-chip news in London on Thursday.
Inchcape third-quarter revenue flat, with rise in car distribution revenue balanced by fall in retail revenue
In a trading update for the three months to September 30, the FTSE 250-listed motors group said group revenue was £2.28bn in the period, unchanged year-on-year at actual currency but up 2% at constant currency
Inchcape motors higher after double upgrade from Barclays
Inchcape's shares hit the skids in July after the car distributor said there was "significant vehicle margin pressure" in the retail market
FTSE 100 keeps head above water at close: Facebook in focus
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
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Blue-chip deluge on Thursday with Royal Dutch Shell, AstraZeneca and Diageo (and more) set to report
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
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Apres moi le deluge: Flood of blue chip results to dominate in coming week, including BT Group
Over the five sessions in the Week Ahead, around 20% of the FTSE 100 index will report results or issue a trading update, with about half that number due on Thursday alone
Investments and investor services
FTSE 100 joins global equities to head lower as geopolitical worries weigh
News that the President will now not be meeting North Korea leader Kim Jong-un next month as planned is weighing on global stocks
Investments and investor services
Kingfisher and Tate & Lyle key names in diary as spotlight falls on UK consumer
Kingfisher, Tate & Lyle, Talk Talk Telecoms and United Utilities are among the stand-out names in Thursday's schedule.
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Retailers in focus for coming week, with Marks & Spencers, Kingfisher, and Halfords set to update
Aside from the retails, the week ahead includes results from utilities Pennon PLC, Severn Trent PLC, United Utilities PLC, and SSE PLC, plus updates from Ryanair PLC and Britvic PLC, and the latest UK inflation numbers
Inchcape expands further in Latin America with around £200mln cash acquisition of Suzuki-focused Grupo Rudelman
The FTSE 250-listed firm said Grupo Rudelman, a family-run business, has built and maintained strong market positions and scale as the distributor and exclusive retailer for Suzuki in both Costa Rica and Panama
Inchcape shares weak as it warns of challenging year ahead although 2017 profits see strong growth
Stefan Bomhard, Inchcape's group chief executive, said: “In 2018, we anticipate a more challenging year given continued supply and demand imbalance in our Retail markets particularly over the first half of the year"
Investments and investor services
FTSE 100 closes in red as Powell's hawkish tone gives traders jitters
New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
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Standard Chartered to take the bow for banking results, as Persimmon starts for the housebuilders
Day ahead includes a welter of blue chip results from the likes of Standard Chartered PLC, Persimmon PLC, Direct Line Group, and GKN PLC
Inchcape shares in reverse gear after broker starts coverage of car retailer with a negative call
BarCap said UK earnings were under pressure and Singapore (17% of profits) was at the top of the cycle
ASOS upgraded by Deutsche Bank as part of New Year review of retail sector
Deutsche Bank has identified a number of themes for the retail sector: continue to favour online clothing sellers over bricks & mortar operations; beware of "value traps" and turnaround plays
FTSE 100 ends the week on a firm note
The blue-chip index finished the day above the 7,500 level
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RBS to wrap up week of banking results on Friday
Aside from RBS, third quarter updates from British Airways-owner IAG and drugmaker Shire are also due
Inchcape boosted by emerging markets, forex and acquisition as Brexit dampens new car demand in UK
Chief executive Stefan Bomhard said: "The group has been able to deliver a strong revenue performance over the quarter despite continued margin pressures in some retail markets”
Lloyds, Barclays and RBS under the microscope with release of third quarter earnings
The week ahead includes third quarter earnings from Lloyds, Barclays and RBS along with trading updates from Shire, IAG and GSK
Inchcape reports a solid increase in revenues, unveils expansion in Estonia
The FTSE 250-listed group said its group revenue was £2.91bn in the four months to the end of April , up 17.9% at actual currency and 8.1% at constant currencies
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OPEC tipped to agree production cut extension
Day ahead: OPEC meeting in Vienna, Halfords preliminaries ...
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
Inchcape jumps 5% as French broker Exane BNP Paribas returns rating to 'outperform'
Exane has also increased its target price for the FTSE250-listed group to 1,050p, up from 735p previously, offering 30% upside potential
Post-Brexit sterling weakness gives boost to 2016 profits for international car dealer inchcape
The group – which has dealerships in over two dozen countries - posted pre-exceptional profits before tax of £349.4mln for the year to December 31, up from £312.1mln in 2015.
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Can ITV’s financial results beat cautious expectations?
Blue-chips ITV Plc (LON:ITV), Admiral Group Plc (LON:ADM), and Man Group Plc (LON:EMG) are all in the diary with final results on Wednesday.
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Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Top Gear: Car dealer Inchcape shifts up its presence in South America
Inchcape said the deal, covering Chile, Colombia, Peru and Argentina , and including Hino commercial vehicles, will strengthen its existing operations in the region.
FTSE edges higher, small caps help London record 40% gainers, miners sink
FTSE 100 stocks ended higher on Thursday after pulling away from flat positions at midsession while small-caps helped 40% of London’s stocks to gain – one of their best performances this year - but falling prices for copper, zinc and nickel
Lloyds Banking and RBS to give post-Brexit vote updates
Britain's banks had enough on their plates already, but the Brexit vote made things more complicated still
Perk up your portfolio
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.
Week ahead: Will China dampen the mood ahead of Sky and Whitbread updates?
Investors will get a look at how the living wage is impacting firms when Whitbread reports on Wednesday.
Investments and investor services
London market rides crest of corporate results wave
Shares rise modestly as blue-chips flood market with updates
Investments and investor services
Risers & Fallers including Tern, PeerTV, Inchcape, All Leisure, TalkTalk, Babcock...
Tern jumped as a non-executive director left the board while TalkTalk lost as BT posted good first half results.
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Thursday's agenda - More big cap results, including Rolls and BT
More results today on offer with some more big caps showing how much they are contributing to the UK's current growth trajectory. Lets start with a British stalwart - engineer Rolls Royce which posts second quarter earnings. It's been a tor