Inchcape PLC (INCH.L), a British automotive company, on Thursday recorded an increase in revenue for the third quarter in line with its expectations, helped by contributions from distribution contract wins and ongoing product launches.
For the three-month period to September 30, the Group posted revenue of GBP 2.3 billion, higher than GBP 2.2 billion in the same period last year.
Duncan Tait, Chief Executive of Inchcape, said: "Inchcape's performance during the third quarter demonstrates our ability to execute on our Accelerate+ strategy, further supporting our confidence for another year of growth in FY 2025, in line with our medium term target to deliver EPS CAGR of more than 10%."
For the full year, Inchcape continues to anticipate higher earnings per share growth.
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