Inchcape Corporation
Inchcape plc is a British trading group headquartered in central London which has a varied history but now specialises in car distribution. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Inchcape was founded in 1847 and traded commodities throughout the British Empire. It was assocated with the Earl of Inchcape, whose family still own 3% of the shares.
It now works with a group of car manufacturers which includes Toyota/Lexus, Subaru, Ferrari/Maserati, BMW, Jaguar and Land Rover. Its core markets are the UK, Greece, Belgium, Australia, Hong Kong and Singapore. It supplies cars to dealers and corporate customers and has also entered the retail dealership market. It also provides ancillary services such as consumer and dealer finance, insurance and leasing.
Turnover for the year ended 31 December 2004 was £4,122.7 million. Profits were £155.3 million before tax and £112.5 million after tax.
