Flogas owner DCC eyes better-than-expected annual profit

Flogas owner DCC expects a further year of strong profit growth.

Shares in DCC rose as the Irish fuel-to-healthcare conglomerate said it expects to post better-than-expected operating profit growth for its current financial year.

The Flogas owner - which, last month, agreed to acquire home heating provider Campus Oil Ireland - said it expects to report operating profit, for the 12 months to the end of March, ahead of current market consensus expectations.