Download full report with analyst certification and important disclosures
Jun 24 2024, 07:00 IST/BST
DCC
Growth in ROCE and strength in the Energy division set to drive outperformance
- Sectors : Business Support Services
- Companies : DCC
DAVY VIEW
DCC’s share price broke out of a multi-year downtrend following its interim results in late 2023. This was driven by an improved outlook on return on capital employed (ROCE) and the strength of results in DCC’s Energy division. We believe that these factors have commenced a multi-year period of outperformance.
