DCC expects up to 12% rise in profits this year

Irish industrial conglomerate DCC expects profits to be between 10 per cent and 12 per cent ahead of last year after trading in the first quarter met expectations.

18th July, 2014

Irish industrial conglomerate DCC expects profits to be between 10 per cent and 12 per cent ahead of last year after trading in the first quarter met expectations.

The projection on the assumption was made on the basis that there will be normal winter weather conditions at the end of the year, given that DCC’s operating profit is significantly weighted towards the second half, said an interim management statement.

The group’s largest division, DCC Energy,...

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