DCC

FY2024 results reflect growth and strategic momentum

  • May 14 2024, 07:10 IST/BST
  • Colin Grant
  • Company Report
  • 6 page(s)
  • Sectors : Business Support Services
  • Companies : DCC

Ratings and price correct at time of issue.

  • DCC

    Closing Price: 5905p

  • RATING 30/06/09

  • PREVIOUS RATING N/A

DAVY VIEW

DCC grew its EBITA by 4% in FY2024 with strong organic growth and strategic momentum in the Energy division. Organic growth returned to the Healthcare division in H2 and self-help measures support the Technology division. Cash conversion was very strong. The dividend has been increased for the 30th year in a row.

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May 14 2024, 07:10 IST/BST

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