Full Annual Report - Inchcape
Full Annual Report - Inchcape
Full Annual Report - Inchcape
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Business review<br />
Overview<br />
Our business<br />
at a glance<br />
We partner with the world’s<br />
leading automotive brands<br />
in 26 developed and<br />
emerging markets,<br />
generating revenue from<br />
four value drivers...<br />
• Vehicle sales<br />
• Finance and<br />
insurance products<br />
• Servicing<br />
• Parts<br />
...through distribution,retail<br />
and vertically integrated<br />
retail (VIR) market channels.<br />
Australasia<br />
<strong>Inchcape</strong> operates a multi<br />
brand retail strategy in<br />
Australia and is the distributor<br />
for Subaru in Australia and<br />
New Zealand.<br />
Brand partners<br />
Market channels<br />
Europe<br />
<strong>Inchcape</strong> operates distribution<br />
and retail across four western<br />
European markets – Belgium,<br />
Greece, Finland and<br />
Luxembourg.<br />
Brand partners<br />
Market channels<br />
Financial highlights<br />
Sales<br />
£762.8m 6.0%<br />
2008: £719.3m<br />
Trading profit<br />
£37.9m 10.2%<br />
2008: £42.2m<br />
Financial highlights<br />
Sales<br />
£1,006.1m 18.2%<br />
2008: £1,229.2m<br />
Trading profit<br />
£28.6m 29.6%<br />
2008: £40.6m<br />
Key<br />
Contribution<br />
to Group profit<br />
Contribution<br />
to Group profit<br />
Distribution<br />
Retail<br />
19.5% 14.7%<br />
Vertically integrated retail (VIR)<br />
Trading profit: Defined as operating profit excluding the<br />
impact of exceptional items and unallocated central costs<br />
More on pages 24-25 More on pages 26-27<br />
4<br />
<strong>Inchcape</strong> plc ¦ <strong>Annual</strong> <strong>Report</strong> and Accounts 2009
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