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Davy Research

DCC

Q3 IMS: Strong growth still expected for the full year

Feb 8 2023, 07:15 GMT
Colin Grant
Hammad Anwar CFA
Company Report
5 page(s)

Sectors : Business Support Services

Companies : DCC

Ratings and price correct at time of issue.

DCC

Closing Price: 4665p
RATING 30/06/09
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

Person's Name

Hammad Anwar CFA

Analyst

DAVY VIEW

DCC’s performance in its Q3 once again reflects the resilience of the business in a tough macro environment, as well as the benefits of its diversified business model. The company has left full year guidance unchanged for strong growth. Q3 operating profits were ahead of last year and in line with expectations.

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Feb 8 2023, 07:15 GMT