DCC Plc (LON:DCC), the leading multi-energy sales and distribution group, has issued this update in advance of the Company’s AGM to be held at 2.00 p.m. BST today.
First quarter ended 30 June 2026
In the seasonally less significant first quarter of the year, Group operating profit on a continuing basis was in line with our expectations and ahead of the prior year.
In DCC Energy, notwithstanding a modest pull-forward of demand into the final quarter of the prior financial year related to the conflict in the Middle East, trading was ahead of the prior year and in line with our expectations.
DCC Technology traded ahead of the prior year and in line with our expectations in the first quarter.
Outlook
DCC continues to expect ongoing strategic progress, growth and continued development activity in the year ahead.
DEVELOPMENT ACTIVITY
In January 2026, DCC announced its entry into the Polish, Hungarian, Czech and Slovakian liquid gas markets. The acquisition provides a significant opportunity to consolidate across four new markets, building on DCC’s longstanding track record of value creation through M&A. The transaction completed in late May 2026, ahead of our original timeline.
The sale process for Nexora (DCC Technology) is progressing in line with expectations and remains on track for agreement by the end of calendar year 2026.
Proposed change of company name
Subject to shareholder approval at today’s AGM, DCC intends to change its name from DCC plc to DCC Energy plc, with the change expected to take effect shortly following the conclusion of the meeting.
Date for interim results
DCC expects to announce its interim results for the six months ending 30 September 2026 on Tuesday 10 November 2026.
