News

DCC reports “very strong” profit growth in third quarter

Irish conglomerate DCC said group operating profit was “very significantly ahead” of the previous year in the three months to the end of December.

In a trading update issued this morning the company said it expects full-year operating profit and adjusted earnings per share to be very significantly ahead of the prior year and in line with market consensus. It did not provide specific numbers.

The company, which has energy, healthcare, environmental and technology businesses, said its acquisitions of bottled gas company Butagaz and Esso Retail France performed in line with or modestly ahead of expectations.

Profit grew in the energy division due to a good margin performance, while the healthcare business was also ahead of last year.

DCC said the technology business was hit by lower demand for tablet, smartphone, and gaming products.

Article Source: http://tinyurl.com/kbwqb42

< Back to News

Contact Us

Lane O’ Connor Accountants & Tax Consultants
Unit 6 Crann Ard, Fethard Road,
Clonmel, Co Tipperary.
Tel: + 353 52 6184975
Fax: + 353 52 6129500
Email: info@laneoconnor.com

Latest Tweets

Request Call Back

(Anti-Spam)

acc-logos

© 2015 Lane O Connor Accountants - All rights reserved - Website by PracticeNet.ie