Inchcape PLC (LSE:INCH) is the star of the show in the FTSE 250 with shares up 13.4% to 884p.
The company projected full-year results would be towards the top end of the range of published market consensus after unveiling a 45% jump in revenues to £5.6bn in the first half of the year, supported by contribution from Derco.
Organic revenue growth reached 13%.
Adjusted pre-tax profit climbed 35% to £249mln, with a strong operating profit performance more than offsetting higher interest costs during the period.
Chief executive Duncan Tait commented: "Inchcape has produced another excellent performance during the first half of 2023, driven by growth from acquisitions and by consistently strong organic growth."
"In particular, the acqusition of Derco has transformed our market position in the Americas and is already having a positive impact on the group."