Inchcape delivered continued strategic, operational and financial progress in FY 2024, reflecting our diversified and scaled global market leadership position, our long-standing and valuable OEM relationships and our differentiated technology capabilities.

Duncan Tait Group Chief Executive

Results & Medium-Term Targets

We announced our Full Year Results for 2024, reporting another year of strong operational and financial progress. In addition, we outlined new medium-term financial targets and announced a £250m share buyback programme.

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Investor narrative

A year of progress & medium-term targets announced

Hear from Adrian Lewis, Group Chief Financial Officer, as he outlines Inchcape’s 2024 results, which mark a year of strategic and financial progress, and details the medium-term targets announced.

Q&A with Duncan Tait, Group Chief Executive

Duncan Tait, Group Chief Executive, sits down with Rob Gurner, Head of Investor Relations, to discuss our full year 2024 results highlights, our new medium-term financial targets and the outlook for Inchcape in the year ahead. 

Sky News Interview with Duncan Tait

Inchcape’s Group Chief Executive, Duncan Tait, appeared on Sky News to discuss how tariffs may impact the automotive industry, our strong full year results for 2024 and how we’re supporting our OEM brand partners as they rely on us to navigate industry challenges, showcase their brands and build market share.  

2024 Results

Revenue

£9.3bn

+4% at constant currency (YoY%)
Adjusted PBT

£444m

+5% at constant currency (YoY%)
Free cash flow

£462m

Record new Distribution contracts

22

Medium-Term Targets to 2030

Free cash flow generation

£2.5bn

2025 to 2030
Earnings per share

>10%

CAGR to 2030
Market outperformance

3% - 5%

organic volume CAGR
Cash generative model

c.100%

FCF:PAT conversion