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Inchcape (INCH) Share News

IN BRIEF: Inchcape gets clearance from Colombia for Derco takeover

6th Oct 2022 10:39

Inchcape PLC - London-based auto distribution, retail and services company - Has submitted necessary merger control filings in Colombia, Chile and Peru for its Derco acquisition. Derco is largest multi-brand automotive distributor by volume in Latin America. Merger filing in Colombia has been accepted, waiting for Chile and Peru. Inchcape expects those processes to be completed in line with the overall timetable. Expects completion of acquisition at the end of 2022 or in the first quarter of 2023 subject to shareholder approvals and regulatory clearance. Read More

LONDON BROKER RATINGS: Berenberg likes Inchcape, cuts Devolver Digital

27th Sep 2022 09:38

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More

UK dividends calendar - next 7 days

26th Aug 2022 15:50

Diploma picks Chris Davies from National Express to be new CFO

10th Aug 2022 10:29

(Alliance News) - Diploma PLC on Wednesday said it has picked Chris Davies to be its new chief financial officer, with the start date to be confirmed in due course. Read More

UK dividends calendar - next 7 days

28th Jul 2022 16:08

EARNINGS UPDATES: Weir, Inchcape, FDM profit up, Rotala resumes payout

28th Jul 2022 15:32

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

21st Jul 2022 16:10

LONDON BROKER RATINGS: Asos and Halfords get downgraded to 'hold'

17th Jun 2022 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

LONDON BRIEFING: M&C Saatchi caught between two unattractive offers

17th Jun 2022 08:23

(Alliance News) - The battle over M&C Saatchi took a strange new twist on Friday, as the London-based advertising agency rejected both of its suitors but also said it may not be able to deliver on its own plans as a standalone company. Read More

LONDON MARKET CLOSE: Stocks tank after global rate hike trifecta

16th Jun 2022 17:04

(Alliance News) - Stocks in London ended sharply lower on Thursday after the Bank of England followed the Federal Reserve and raised interest rates as widely expected, while the Swiss National Bank delivered a surprise hike of its own. Read More

LONDON MARKET MIDDAY: Bank of England hikes key interest rate to 1.25%

16th Jun 2022 12:16

(Alliance News) - The pound remained lower against the dollar and equities also were down on the day at midday on Thursday, after the Bank of England decided to raise UK interest rates by a quarter of a percentage point. Read More

LONDON MARKET OPEN: FTSE 100 slips as UK interest rate hike looms

16th Jun 2022 08:51

(Alliance News) - Fresh off a hefty interest rate hike from the US Federal Reserve, jitters returned anew ahead of the Bank of England's turn on Thursday to tighten monetary policy. Read More

Inchcape expects to beat market consensus for annual profit

16th Jun 2022 08:50

(Alliance News) - Inchcape PLC said on Thursday that it continued to perform "strongly" since its first quarter update in April, with results exceeding its expectations. Read More

LONDON MARKET PRE-OPEN: Margins under pressure at boohoo and Asos

16th Jun 2022 07:54

(Alliance News) - Stocks in London are set to pull back on Thursday as all eyes turn to the Bank of England after aggressive monetary policy tightening by the US Federal Reserve. Read More

UK dividends calendar - next 7 days

14th Jun 2022 16:12

UK shareholder meetings calendar - next 7 days

12th May 2022 16:01

UK dividends calendar - next 7 days

5th May 2022 16:06

IN BRIEF: Inchcape completes Caribbean automotive acquisitions

3rd May 2022 09:50

Inchcape PLC - London-based auto distribution, retail and services company - Completes acquisition of Caribbean vehicle distributor Interamericana Trading Corp and Barbados automotive retailer Simpson Motors Ltd for undisclosed amount. Says the acquisitions, first announced back in December, will expand global footprint as it enters Caribbean market, and strengthens presence in the Americas. The businesses are expected to add around GBP120 million of annualised revenue, and be accretive to Inchcape's margins. Read More

LONDON BROKER RATINGS: HSBC upgrades M&G and St James's Place to buy

3rd May 2022 09:30

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More

IN BRIEF: Inchcape shares up as expects higher profit in 2022

28th Apr 2022 11:00

Inchcape PLC - London-based car dealership - Posts higher quarterly revenue and expects pretax profit to rise in 2022. Reported revenue in its first quarter rises 6% to GBP1.8 billion. Revenue climbs 13% on organic basis. For 2022, it expects its pretax profit to increase to at least GBP300 million, from GBP195 million it posted in 2021. Excluding Russia, 2021 pretax profit was GBP240 million. Read More

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