Car distributor Inchcape PLC (LSE:INCH) saw its shares rise 5.7% on the back of a brief trading statement, which included no numbers.
After a tough first quarter, where organic sales fell 5%, trading over the first half was described as having seen "consistent overall TIV trends", referring to total industry volumes across its markets, "with limited tariff-related impact so far".
Americas saw a continued improvement in trading, Australia was "resilient" with ongoing headwinds in some other AsiaPac markets, while Europe & Africa continued an underlying outperformance of the market.
Nine distribution contracts have been won so far this year, including two in the second quarter, though headwinds in key currencies have remained a headwind.
As well as highlighting an ongoing focus on proactive inventory management, cost discipline and capital allocation, the FTSE 250 group reiterated its full-year outlook for "another year of growth".