Leading international sales, marketing and support services group, supplying essential products and services used by millions of people every day across energy, healthcare and technology.
FACTSHEET NOVEMBER 2022
23 | FTSE 100 | 16k+ | 350+ | FY22 EBITDA | 28 |
Countries | Listed since 1994 | Employees | Acquisitions since IPO | £589.2m +11.1% | Years of consecutive |
dividend growth | |||||
HY23 highlights - resilient & agile business model, delivering for stakeholders
- Strong organic growth in DCC Energy and Almo acquisition in DCC Technology, driving operating profit up 13%
- £300 million committed to development since FY22 year end, including:
- DCC Healthcare completion of Medi-Globe acquisition;
- DCC Energy acquisition of PVO, Protech and Freedom Heat Pumps
Our strategy creates long term sustainable value
We enable people and businesses to grow and progress and deliver our long-term strategic objective:
To build a growing, sustainable and cash generative business which consistently provides returns on capital well in excess of our cost of capital.
BUILDING LEADING | INVESTING FOR | DRIVING LONG-TERM | ||
BUSINESSES | GROWTH | SUSTAINABLE VALUE | ||
THREE DIVISIONS
DCC Energy
Accelerating the net zero journey of our customers by leading the sales, marketing and distribution of low carbon energy solutions.
- Expanding services and renewable offering through acquisition of 1. PVO, a leading international distributor of solar panels; 2. Protech, a provider of a wide range of renewable and energy efficient heating solutions and; 3. Freedom Heat Pumps, one of the UK's largest distributors of air source heat pumps
- Benefitted from strong organic growth and the first-time contribution of Naturgy Ireland, acquired in December 2021
69%
FY22 PROFIT
DCC Healthcare BY
DIVISION
A leading healthcare business
17% 14%
- Completed acquisition of Medi-Globe, largest Healthcare acquisition to-date, expanding DCC Vital's presence in medical devices
- Strong growth in primary care and medical devices in Germany and Britain, respectively
DCC Technology
Leading partner for global technology brands
- Strong revenue and profit growth driven by successful integration of Almo acquisition
- Improving margins, despite challenging macro environment
Leading with Energy
In May 2022, we announced a new Leading with Energy strategy for our energy activities, including the establishment of a new single energy division - DCC Energy.
• Goal to lead our customers to transition to lower carbon and | • | 2050 (or sooner) Net Zero |
renewable energies | target for Scope 3 carbon | |
• Capital allocation priorities to accelerate transition capability of | emissions; -15% ambition 2030 | |
DCC Energy | • | Services and renewables |
• Expansion of DCC Energy's energy solutions offering, | accounted for 22% of profits in | |
FY22 |
Record of consistent growth
Creating platforms for growth globally
FY22 financial results
FY/E 31 March | 2022 | 2021 | % change | |||||
Revenue | £17.7bn | £13.4bn | +32.2% | |||||
Group adjusted | £589.2m | £530.2m | +11.1% | |||||
operating profit | ||||||||
Adjusted EPS | 430.1p | 386.6p | +11.2% | |||||
Final dividend per | 175.78p | 159.8p | +10.0% | |||||
share | ||||||||
Experienced management team
Donal Murphy
Chief Executive
24 years at DCC. Joined board in 2008. Previously MD DCC Technology and MD DCC Energy
Kevin Lucey
Chief Financial Officer
12 years at DCC. CFO since July 2020. Previously Head of Capital Markets and Head of Group Finance at DCC
FY23
PVO - leading international distributor of solar panels
Medi-Globe - expanding DCC Vital's presence in medical devices
Protech - provider of renewable and energy efficient heating solutions
Freedom Heat Pumps - one of UK's largest distributors of air source heat pumps
FY22 & FY21
Almo - DCC's largest acquisition to date, created the leading specialist Pro AV value-added distributor in North America
ENGIE - Entered partnership to deploy EV chargers
Naturgy - Further expansion in renewable energy solutions
Solar acquisitions in France
Wörner - Access to Germany, largest European healthcare market
Contact us: | Rossa White / Hollie Daly | Eavan Gannon / Genevieve Ryan |
DCC Investor Relations | Powerscourt (Media) | |
Tel: +353 1 2799400 | Tel: +44 (0) 20 7250 1446 | |
Email: investorrelations@dcc.ie | Email: DCCGroup@powerscourt-group.com |
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DCC plc published this content on 08 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2022 09:03:19 UTC.