DCC profits flat after 40% drop in healthcare division

DISTRIBUTION and marketing group DCC suffered a 40% drop in its healthcare division performance, resulting in flat first-half profits to September, 30, 2002.

The results were flagged by Jim Flavin, DCC’s chief executive and deputy chairman at the annual general meeting in early July.

Pre-tax profits at DCC increased slightly in the last six months, from 34.7m euro to 38.7m euro.