Jul 27, 2023 / 07:30AM GMT
Duncan Tait - Inchcape plc - Group CEO & Director
Good morning, everyone, and thank you for joining us for Inchcape's 2023 half-year results. I'm Duncan Tait, Group CEO; and I'm joined by our CFO, Adrian Lewis; and our Americas CEO, Romeo Lacerda. We'll run through our presentation and then take your questions.
The presentation is available on our website, and a recording will follow later today. I will start with the key highlights of our first half-year results. Inchcape produced another excellent performance, driven by acquisitions and strong organic revenue growth. Revenue grew 45% and PBT grew 35%. We saw substantial strategic progress, signing 8 distribution deals and 3 acquisitions. This helped us to further consolidate our position as the global market leader and to drive continued diversification of our geographic footprint. We have been particularly pleased with Derco, which has transformed our market position in the Americas and is already having a positive impact on the wider group by helping us deliver strategic benefits, such as deepening relationships with our key OEM partners.
Half Year 2023 Inchcape PLC Earnings Call Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers