DCC confident of strong year on back of good start

DCC owns the Flogas brand. Its LPG business saw increased demand from commercial and industrial customers, particularly in Britain.

DCC – the Irish fuel-to-healthcare conglomerate – has said it already expects its current financial year, which runs to the end of next March, to generate “strong” operating profit growth and continued development activity.

Shares in the group jumped by over 2% on the back of a bullish first-quarter trading update released to coincide with its annual shareholders’ meeting.