Inchcape plc Reports significant strategic progress

DirectorsTalk Interviews FTSE 250

Inchcape plc (LON: INCH), the leading independent multi-brand Automotive Distributor and Retailer with global scale, has released its Trading Update covering the period from 1st July 2019 to 30th September 2019. TRADING FOR THE THREE MONTHS TO 30 SEPTEMBER 2019 · Good revenue growth; Group revenue £2.4bn, up 5% in actual currency and 3% in constant currency · No change …

Inchcape Sells Fleet Solutions for £100m

DirectorsTalk Interviews FTSE 250

Inchcape plc (LON: INCH), the leading independent multi-brand automotive Distributor with global scale, has announced that it has agreed to sell its Inchcape Fleet Solutions business to Toyota Fleet Mobility GmbH for total cash consideration of £100m. It follows recent disposals of less productive dealerships in the UK, and Retail-only disposals in Australia and China. Inchcape is focused on its …

Inchcape PLC Mainland China Retail Disposals for £54m agreed

DirectorsTalk Interviews FTSE 250

Transaction Highlights: Exit of the Retail-only business in mainland China with three sites disposed Refocusing of Asia regional resource on Distribution markets Inchcape plc (LON: INCH), the leading independent multi-brand Automotive Distributor with global scale, today announced that it has agreed to sell its three Retail sites in mainland China to China Yongda Automobiles Services Holdings Limited for net cash …