DCC’s Manor boost comes early

DCC is forecasting double digit growth in its adjusted earnings per share for the firm’s current financial year, which runs to the end of March.

Expectations have been revised upwards due to a higher than expected profit contribution from DCC's residential property associate company, Manor Park Homebuilders.

Manor Park, 49%-owned by DCC, made a significant profit on a transaction completed towards the end of last week, which DCC expected to take place in its next financial year.