DCC

FY2023 results reflect another strong year of execution

  • Sectors : Business Support Services
  • Companies : DCC

Ratings and price correct at time of issue.

  • DCC

    Closing Price: 4654p

  • RATING 30/06/09

  • PREVIOUS RATING N/A

DAVY VIEW

DCC’s FY2023 results reflect strong growth in adjusted EBITA and are slightly above consensus. This has been achieved despite significant cost inflation and a difficult macro backdrop. The strategy to grow services and renewables in the Energy division is having a significantly positive impact on results.

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May 16 2023, 07:10 IST/BST

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