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DCC plc ( (GB:DCC) ) just unveiled an announcement.
In its Q3 trading statement, DCC plc reported robust performance with the group’s adjusted operating profit for the third quarter of 2024 remaining broadly in line with the previous year. While DCC Energy and Mobility segments showed growth, DCC Technology saw a decline due to weak consumer technology markets in the UK and Europe. The company is focusing on the energy sector, planning to dispose of its healthcare division in 2025 to streamline operations and enhance shareholder value. Despite currency translation headwinds, DCC anticipates good operating profit growth and strategic progress for the fiscal year ending March 2025.
More about DCC plc
DCC plc is a leading international sales, marketing, and support services group operating across the energy, healthcare, and technology sectors. Headquartered in Dublin, the company is listed on the London Stock Exchange and is part of the FTSE 100. DCC operates in 21 countries with 16,700 employees, focusing on acquiring, improving, and growing diverse businesses to create long-term value for shareholders, customers, and society.
YTD Price Performance: 6.91%
Average Trading Volume: 330,412
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £5.43B
Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.
