Inchcape April revenues plunge 76%, sees Covid hit in 2021
21st May 2020 07:33
(Sharecast News) - UK car dealer Inchcape said April revenues plunged 76% as it warned the coronavirus impact would be felt into 2021 and launched a review of its cost base.
Read moreInchcape appoints Duncan Tait as CEO
4th May 2020 07:27
(Sharecast News) - Car dealer Inchcape said Duncan Tait would join the company on June 1 replacing Stefan Bomhard who is leaving to head up tobacco firm Imperial Brands.
Read moreInchcape cancels final dividend as it looks to conserve cash
7th Apr 2020 07:11
(Sharecast News) - Inchcape updated the market on the ongoing impact of the Covid-19 coronavirus pandemic on Tuesday, confirming the cancellation of its previously-announced final dividend.
Read moreInchcape suspends share buyback amid Covid-19
20th Mar 2020 08:18
(Sharecast News) - Car dealership Inchcape said on Friday that it was suspending its share buyback programme due to the Covid-19 pandemic.
Read moreFriday broker round-up
28th Feb 2020 13:28
(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.
Read moreInchcape sees FY profits drop as geopolitics, supply constraints hit home
27th Feb 2020 09:19
(Sharecast News) - Automotive retailer Inchcape reported a decline in full-year profits in 2019 on Thursday as the group was impacted by political turmoil in Hong Kong and Chile and supply constraints in Australia.
Read moreImperial Brands appoints Inchcape's Bomhard as CEO
3rd Feb 2020 07:02
(Sharecast News) - Imperial Brands said it had appointed Inchcape chief executive Stefan Bomhard to its top job, replacing Alison Cooper who stepped down on Monday with immediate effect.
Read moreInchcape to buy Daimler's Mercedes-Benz distribution operations in Colombia
16th Jan 2020 08:17
(Sharecast News) - Automotive distributor and retailer Inchcape has agreed to buy Daimler's Mercedes-Benz passenger car and private vans distribution operations in Colombia for an undisclosed sum.
Read moreInchcape reaffirms guidance; snaps up Mercedes distributor
7th Nov 2019 07:43
(Sharecast News) - Inchcape on Thursday reiterated full year guidance as it reported third quarter revenue growth, driven by improvement at its core distribution business.
Read moreTuesday broker round-up
5th Nov 2019 11:57
(Sharecast News) - HSBC: Berenberg downgrades to sell with a target price of 490p.
Read moreFTSE 250 movers: TP ICAP surges, Dixons drops
1st Nov 2019 13:47
(Sharecast News) - London's second-tier was 0.30% higher at 20,081.72 in afternoon trade on Friday, with TP ICAP leading the index upward.
Read moreFTSE 250 movers: Riverstone flows lower, ConvaTec surges
30th Oct 2019 14:03
(Sharecast News) - London's second-tier was 0.48% lower at 20,070.54 in afternoon trade on Wednesday, with Riverstone Energy leading the index downward.
Read moreInchcape sells fleet business to Toyota for ?100m
10th Oct 2019 07:26
(Sharecast News) - Auto distributor Inchcape said it was selling its fleet lease and management unit to Japan's Toyota for total cash £100m in cash as it focused on higher margin operations.
Read moreInchcape to dispose of Chinese retail sites for ?54m
2nd Oct 2019 07:19
(Sharecast News) - Inchcape said on Wednesday that it will exit the Chinese retail market after agreeing to sell its three dealerships there to China Yongda Automobiles Services Holdings Limited for £54m.
Read moreInchcape sells three Australian sites for ?63m
11th Sep 2019 07:04
(Sharecast News) - Auto distributor Inchcape said it was selling three retail sites in Australia to Sime Darby Motors for £63m.
Read more