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Inchcape plc (IHCPF) Q1 2026 Sales/Trading Call Transcript
SA Transcripts · 2026-04-30 · via All Articles on Seeking Alpha

Inchcape plc (IHCPF) Q1 2026 Sales/Trading Call April 30, 2026 3:30 AM EDT

Company Participants

Adrian Lewis - Group CFO & Director

Conference Call Participants

Abi Bell - UBS Investment Bank, Research Division
Timothy Ramskill - BofA Securities, Research Division
Akshat Kacker - JPMorgan Chase & Co, Research Division
Geoff Lowery - Rothschild & Co Redburn, Research Division
Arthur Truslove - Citigroup Inc., Research Division

Presentation

Operator

Hello, and welcome to Inchcape's 2026 Q1 results. We are joined today by Adrian Lewis, Group Chief Financial Officer; and Rob Gurner, Head of Investor Relations. [Operator Instructions]. I'd now like to hand the call over to Adrian. Please go ahead.

Adrian Lewis
Group CFO & Director

Thank you, Sergey, and good morning, everyone, and thank you for joining us. I am Adrian Lewis, Group CFO. Before I update you on Inchcape's performance in Q1, I wanted to say that I'll be covering off our quarterly trading calls from now.

Our full year and half year presentations will continue to be jointly hosted and presented by Duncan Tait, our Group CEO, and myself. So today, I will give an overview of trading and strategic execution during Q1 with some details on our regional performance and update you on the outlook for the year ahead, which remains unchanged. We'll then have a Q&A session with Rob Gurner, our Head of IR, who will field any questions from the audiocast platform.

So let's begin. Inchcape continues to deliver on our strategy and in line with our expectations. Our Q1 revenue performance benefited from our diversified market and brand portfolio, which provides resilience to our business.

Organic revenue growth in the quarter was 6%, and our reported revenue grew by 8% to GBP 2.3 billion. This growth was substantially driven by the continued scaling of our distribution contracts secured in recent