DCC shares inch lower after 19% revenue drop  

DCC owns the Flogas brand

Shares in Irish fuel-to-healthcare conglomerate DCC inched lower after it reported a near 19% year-on-year fall in first-half revenues to £5.93bn (€6.6bn), with the fallout from the Covid pandemic impacting its top line.

The six months to the end of September mark the seasonally less important first half of DCC’s financial year. Nevertheless, the group said overall adjusted operating profit still rose by 8.3% to £176.1m.