Inchcape sees 2026 volumes at lower end; To start £175m buyback

(Sharecast News) - UK car distributor Inchcape said on Tuesday said it would return £175m to shareholders via a buyback but also expected 2026 organic volume growth to be at the lower end of forecasts due to ongoing challenges in the Asia-Pacific market, especially in the premium segment. Organic volume growth was forecast in a range of 3% - 5%.

Revenue and pre-tax profit for the year to December 31 both fell 2% to $9.1bn and £406m respectively.

Reporting by Frank Prenesti for Sharecast.com