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DCC Dcc Plc

5,475.00
25.00 (0.46%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dcc Plc LSE:DCC London Ordinary Share IE0002424939 ORD EUR0.25 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  25.00 0.46% 5,475.00 5,480.00 5,490.00 5,500.00 5,445.00 5,465.00 159,989 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 22.2B 334.02M 3.3818 16.22 5.42B

DCC Says 1Q Performance Was Ahead of Its Expectations

17/07/2020 7:50am

Dow Jones News


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By Jaime Llinares Taboada

 

DCC PLC said Friday that its performance for the first quarter of the fiscal year was ahead of its own expectations, although behind a year earlier due to the coronavirus-related lockdowns.

The sales, marketing and support-services group said its performance in the three months ended June 30 had been resilient despite the pandemic challenges, although this is a relatively quieter period for the company.

DCC said its LPG business's operating profit was significantly below the previous year. The retail & oil division had lower volumes but a small increase in operating profit. The technology unit reported lower operating profit on reduced business-to-business demand. However, the performance of the healthcare, health & beauty solutions, and vital businesses was reported as strong.

"The improving performance through the quarter has meant we have recommenced selective organic development capital expenditure to ensure we are in a position to capture any opportunity for market share gains during this period," Chief Executive Donal Murphy said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

July 17, 2020 02:35 ET (06:35 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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