Inchcape plc (INCH) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to HK's 2026 Q1 results. We are joined today by Adrian Lewis, Group Chief Financial Officer, and Rob Gurner, Head of Investor Relations. If you would like to ask a question during today's call, please press star 1 on your telephone keypad, or you can submit written questions via the webcast. I would now like to hand the call over to Adrian. Please go ahead. 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 on. Our full year and half year presentations will continue to be jointly hosted and presented by Duncan Tate, 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're gonna have a Q&A session with Rob Gurner, our head of IR, who will field any questions from the audio cast platform. So let's begin. InchHead 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 £2.3 billion. This growth was substantially driven by the continued scaling of our distribution contracts secured in recent years. resulting in share gains in a range of markets together with supportive market conditions in certain regions. In addition, we have continued to expand our core brand portfolio. As a result, we have outperformed our markets during the period with intricate volumes up 9% against a...