Inchcape Full Year 2024 Earnings: EPS Beats Expectations

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editorial-team@simplywallst.com (Simply Wall St)

Sun, Mar 9, 2025, 12:22 AM 1 min read

Inchcape (LON:INCH) Full Year 2024 Results

Key Financial Results

Revenue: UK£9.26b (down 19% from FY 2023).
Net income: UK£271.0m (flat on FY 2023).
Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses.
EPS: UK£0.66 (up from UK£0.66 in FY 2023).

revenue-and-expenses-breakdown — LSE:INCH Revenue and Expenses Breakdown March 9th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Inchcape EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%.

The primary driver behind last 12 months revenue was the Americas segment contributing a total revenue of UK£3.27b (35% of total revenue). Notably, cost of sales worth UK£7.66b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£1.02b (77% of total expenses). Explore how INCH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Retail Distributors industry in the United Kingdom.

Performance of the British Retail Distributors industry.

The company's shares are up 6.2% from a week ago.

Valuation

Following the latest earnings results, Inchcape may be undervalued based on 6 different valuation benchmarks we assess. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.