Inchcape PLC’s steady rise: premium auto distribution thrives in Asia‑Pacific, 52‑week range 575‑819 GBX, PE 11.02, PE‑book 2.67 – stable growth for investors.
Inchcape PLC, a global automotive distributor, has reported a 15% decline in revenue due to US tariffs, but remains optimistic about its long-term prospects and ability to adapt to the changing trade environment.
Inchcape PLC’s first-quarter revenues fell 5% to £2.1 billion, sparking a decline in its share price, amidst ongoing tariff uncertainty and mixed market momentum.