Inchcape plc (LON: INCH) is the topic of conversation when Mike Allen, Head of Research at Zeus Capital joins us. Mike runs us through the company business model, explains the key investment attractions, their approach to forecasting and shares his thoughts on the company’s current valuation.
As one of the leading franchised retailer groups in the UK, partnering many of the world’s best brands including, Audi, BMW, Jaguar, Land Rover, Mercedes-Benz, Toyota and Volkswagen, Inchcape are passionate about ensuring customers come first, every time.
Inchcape plc aim to deliver an outstanding customer experience at every one of its franchised dealerships, and to support this all their centres have specialist, manufacturer trained staff to ensure you and your car receive the best possible attention.
Many of the companies that now make up part of the Inchcape group can trace their roots back to merchant partnerships founded in the 18th and 19th centuries in the Persian Gulf, East Africa, India, China, Hong Kong and Japan. Mackay, who inherited a prosperous shipping and overseas trade company in Scotland, went to India in 1874 to work as a clerk for a firm of traders and shipping agents. The company was engaged in a diverse range of industries – trading tea, sugar and textiles, insurance and banking and eventually was managed by Mackay.