Inchcape plc

This morning we announced our Q3 2024 Results, showcasing our resilient performance in a fast-moving automotive environment. This includes continued revenue growth and positive momentum across our regions with five Distribution contract wins in in H2 2024. These results reflect the underlying strength, scale and diversification of our business, and is a credit to excellent delivery across our global team. We are reiterating our outlook for 2024 and remain confident about the medium term outlook for the Group. Read the full details of our results here: https://lnkd.in/ebwqi2hf #Inchcape #Results #Q3

🚗 Upcoming Investor Event!   On the 14th November we will be focusing on “Our Accelerate Strategy & APAC Deep Dive”, hosted in the City (London).   With 2024 marking our evolution into a pureplay automotive distributor, we will provide details of our refreshed Accelerate strategy. We'll also take a deep dive into the businesses in our APAC region, showcasing our geographic footprint and our growth opportunities in the region. 🗣️ Presenting will be Liz Brown, our Chief Strategy Officer and Ruslan Kinebas, our APAC CEO. 📅 How to Join: ● To attend in person please email 📧Inchcape Investor Relations directly at investors@inchcape.com ● Can’t make it in person? Register online via webcast💻using this link: https://lnkd.in/e2TAjzT4 We look forward to seeing you there! P.S. if you missed our last webinar, check it out here: https://lnkd.in/eUFXAMCJ

We are proud to announce that our Investor Relations team has been shortlisted for the "Best Innovation in IR" award by The Investor Relations Society. This fantastic recognition is for our innovative back-to-basics webinar explaining “Our Distribution Model”, which is part of our In the Driving Seat series. If you haven’t yet seen our webinar, you can watch it here: https://lnkd.in/eUFXAMCJ We are looking forward to hosting our next In the Driving Seat webinar - “Our Accelerate Strategy & APAC Deep Dive” - in London on the 14th November 2024.   With 2024 marking our evolution into a pureplay automotive distributor, we will provide an overview of evolved Accelerate strategy. We'll also take a deep dive into the businesses in our APAC region, showcasing our geographic footprint and our growth opportunities in the region.   📅 How to Join: ● To attend in person, please email our investor relations team directly at investors@inchcape.com ● Can’t make it in person? Register online via webcast using this link: https://lnkd.in/e2TAjzT4 We look forward to seeing you there! #InTheDrivingSeat #AccelerateStrategy #InchapeAPAC #Inchcape #TheIRSociety

We are pleased to share that members of our leadership and Investor Relations teams will be attending the upcoming Investec for business (UK) annual CEO Conference in London. This is a fantastic opportunity to connect with the investment community, playing a key part in constructive conversations and meeting with existing and potential shareholders.

Today we’re pleased to announce Inchcape has been appointed Australian distributor for DEEPAL – an all-electric brand from Changan Automobile.    This new partnership is recognition of Inchcape’s unparalleled experience in distribution, its in-depth market knowledge, and advanced digital capabilities for serving brand partners and customers.   It’s expected DEEPAL will be available to customers in Australia from Q4 2024, starting with the company’s S07 Sports Utility Vehicle (SUV).   Read more here https://lnkd.in/eDeryvuW

Great to see Inchcape's Group Head of Inclusion & Diversity, Sarah Charlesworth, speaking at Sustainability LIVE last week.    Sarah highlighted how our inclusive and diverse culture enables us to understand the distinct needs of the 40+ markets we operate in, so that in accelerating the mobility transition globally, we ensure no market and no customer is left behind.

This week our Chief Strategy Officer Liz Brown took part in a panel discussion at Chile Day, an event to promote business ties between Chile and the United Kingdom.   With 24 brand partners in-country, a 25% market share (as well as 27% of the electric vehicle market) and over 3,500 employees, Inchcape is strongly supportive of investing in Chile.   During the panel discussion ‘Why Invest in Chile?’ Liz set out some of the reasons why Chile is such an attractive market to Inchcape. These include the country’s pro-business environment, opportunities for growth, the springboard it provides to develop our business in Latin America and the country’s diverse and high-quality talent base. Read more here: https://lnkd.in/ewgbGrVP

Last week we announced the sale of our retail and wholesale alternative parts business in Chile to Grupo Jedimar. The deal includes the sale of Autoplanet Chile, Agroplanet and the wholesaling business of Aftermarket, as well as its proprietary brands like Lubritek, DGP and Motorlife.   This transaction is another step towards solidifying our leadership in automotive distribution and services in Chile and across the Americas. In the region, we serve partners’ and customers’ requirements in the distribution and sale of new and used vehicles (passenger, commercial, and machinery) as well as vehicle lifecycle services.   This news is also a reflection of the brilliant work our alternative parts and accessories teams have done. Thank you to everyone involved. Read more on our website here: https://lnkd.in/e2zzZWax