DCC PLC (LON:DCC) has announced its preliminary statement of results for the year ended 31 March 2026
A YEAR OF STRATEGIC PROGRESS AND STRONG DELIVERY
– Significant progress in the simplification of the Group, £700 million capital return to shareholders and continued growth and development of DCC Energy
– Total adjusted continuing operating profit increased by 3.6% to £634.0 million
– Adjusted continuing earnings per share increased by 9.9%
– Free cash flow conversion of 108% and ROCE of 16.8%
– DCC Energy delivered 3.5% operating profit growth for the year, with 7.9% growth in the second half
– Solid performance in Solutions, driven by strong profit growth in Energy Products, more than offsetting a decline in Energy Services; continued strong performance in Mobility
– Committed acquisition spend of £110 million, focused on expanding our liquid gas business in Europe
– Proposed 5.0% increase in the final dividend
– DCC expects to deliver ongoing strategic progress, growth and continued development activity in the year ahead
Donal Murphy, Chief Executive, commented:
“This has been a year of major strategic progress for DCC. We transformed the Group through the disposals and provided shareholders with material capital returns. At the same time, the business performed, delivering good profit growth notwithstanding the volatile market context. This performance reflects the commitment and resilience of our teams, who have continued to deliver strongly through a period of significant transformation. With a simpler, more focused Group, a strong financial platform, and a high‑cash‑generative Energy business with attractive organic growth prospects, our performance keeps us on track to deliver our £830 million operating profit ambition by 20301 . We see an exciting future as DCC Energy plc.”
1 The 2030 Ambition is not, and should not be construed as, a profit forecast for any specific financial period. It represents an aspirational target intended to outline future goals. Such forward-looking statements are subject to risks, uncertainties, and assumptions, and actual results may differ materially. In particular, M&A activity is inherently uncertain, aspirational and subject to factors beyond management’s control. Therefore, there can be no certainty the 2030 Ambition will be achieved.
2 Refer to the Discontinued Operations note for further details
3 Constant currency (‘CC’) represents the retranslation of foreign denominated current year results at prior year exchange rates
4 Refer to Alternative Performance Measures for further details
Presentation of results – audio webcast and conference call details
Group management will host a live audio webcast and conference call of the presentation at 9.00am BST today. The access details are as follows:
Ireland: +353 (0) 1 691 7842
UK: +44 (0) 20 3936 2999
International: +44 (0) 20 3936 2999
Passcode: 309627
Webcast link: https://www.investis-live.com/dcc/69fa16933d1719000fc81a3e/vfeq
This report, presentation slides and a recording of the webcast will be made available at www.dcc.ie.
