DCC actively seeking to grow

Energy-focused support services group, DCC has said it remains “active on the acquisitions front” and is well-placed to continue developing in existing and new geographical markets.

The Dublin-based group, which switched its share listing to London in 2013, yesterday reported an improved showing for the third quarter of its current financial year and said it remains in “a very strong financial position”.

It has also maintained its guidance for full-year (the company’s financial year runs to the end of March) operating profit and adjusted earnings per share growth of 5%-10%. However, back in November, when reporting a strong set of first half financial results, management cut its guidance to the aforementioned 5%-10% range from an initial 10%-12% range over milder weather conditions last year.