Inchcape plc (INCH) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.496 Good morning, everyone. I'm Duncan Tate, Group CEO, and I'm joined by our Group 00:00:05.496 -- 00:00:08.578 CFO, Adrian Lewis. 00:00:08.578 -- 00:00:13.803 Here's today's agenda. I'll give an update, an overview on market and market context. 00:00:13.803 -- 00:00:18.467 Adrian will then run through 2025 results and I'll sum up and discuss the outlook for 00:00:18.467 -- 00:00:20.949 2026. Today's 00:00:20.949 -- 00:00:26.034 presentation is available on our website and the recording of today's session will be 00:00:26.034 -- 00:00:31.082 available later today. After the presentation concludes, We'll take your 00:00:31.082 -- 00:00:32.584 questions. 00:00:32.584 -- 00:00:35.004 So let's begin. 00:00:35.207 -- 00:00:40.715 Inchcape delivered a strong 2025 performance against the backdrop of tariff-related 00:00:40.715 -- 00:00:44.500 disruption and economic uncertainty, 00:00:44.500 -- 00:00:49.267 reaffirming the strength of our diversified and scaled business. 00:00:49.267 -- 00:00:54.594 Our colleagues in the Americas and the Europe and Africa regions posted record PBT 00:00:54.594 -- 00:00:56.410 performances. 00:00:56.410 -- 00:01:01.495 Against a number of challenges, APAC delivered a better H2 performance and we're 00:01:01.495 -- 00:01:06.580 working with our OEM partners and across the value chain to drive further 00:01:06.580 -- 00:01:09.200 performance improvements. 00:01:09.382 -- 00:01:14.167 We continue to execute against our Accelerate Plus strategy, winning more distribution 00:01:14.167 -- 00:01:19.392 contracts and executing an acquisition in a new market for Inchcape. 00:01:19.392 -- 00:01:24.541 During the year, we returned around £340 million to shareholders, 00:01:24.541 -- 00:01:29.508 through dividends and bu...