Inchcape reverses on cautious outlook
Inchcape (INCH) shares skidded 10% lower to 784p after the automotive distributor downgraded its current year growth forecast. Share price: 784p PE: 9.8x Market cap: £3.1bn Yield: 4.1% The cautious outlook overshadowed robust FY25 results and the launch of a new £175 million buyback. Inchcape is now guiding for FY26 organic volume growth towards the … Continue reading Inchcape reverses on cautious outlook
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