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RNS Number : 5857R DCC PLC 04 February 2026
4 February 2026
Q3 Trading Statement
Strong Q3 performance with good acquisition momentum, full year guidance maintained
DCC plc, the leading international energy sales, marketing and support
services group, is issuing this Trading Statement for the third quarter ended
31 December 2025.
Strong growth in third quarter
Group adjusted operating profit, on a continuing basis, for the third quarter
ended 31 December 2025 grew strongly compared with the prior year. DCC
delivered good organic growth and benefited from the first-time contribution
from the acquisition of FLAGA in Austria, which completed in late November
2025.
DCC Energy delivered strong operating profit growth in the third quarter. Our
largest business, Solutions, recorded good operating profit growth, driven by
a strong performance in Energy Products. This was offset somewhat by
challenging trading conditions for Energy Services in the UK. Weather, which
primarily impacts heating activities within Energy Products, was broadly in
line with the prior year across the regions in which we operate. Mobility
continued to perform well, generating excellent organic profit growth during
the period.
DCC Technology's operating profit was in line with the prior year on a
continuing basis. After a difficult first half the business in North America
returned to growth during the period.
Outlook - Operating profit guidance for year maintained
DCC continues to expect that the year ending 31 March 2026 will be a year of
good operating profit growth on a continuing basis, significant strategic
progress and ongoing development activity.
Development update - DCC enters new liquid gas markets
Earlier this financial year, DCC announced that we had entered Austria, Poland
and other smaller Central and Eastern European liquid gas markets focused on
customers off the gas grid. These acquisitions represent a compelling
consolidation opportunity in new markets, a core competence of DCC. We will
also drive returns through procurement synergies across Continental Europe.
Further details of these transactions can be found in DCC's stock exchange
announcements of 21 October 2025 and 15 January 2026.
DCC has now committed approximately £100 million to acquisitions since our
prior year Final Results in May 2025. Our Group development teams remain
active, and we have a growing pipeline of acquisition opportunities in the
energy sector.
Strategy implementation - Plan to become Energy Group almost complete
In November 2024, DCC announced plans to simplify the Group's operations and
focus on the growth and development of DCC Energy, the largest and highest
returning division of the Group. In the 14 months since this announcement, we
have made significant progress with: the sale of DCC Healthcare, the return of
capital following that divestment and the disposal of our Info Tech business.
The remainder of DCC Technology, is a leader in the sales, marketing and
distribution of specialist Pro AV, Pro Audio and related products and
services. We continue to expect to reach agreement for the sale of DCC
Technology by the end of calendar year 2026.
The simplification of the Group enables our management team to focus our
capital deployment on the compelling opportunity in our energy businesses.
Date for Final Results
DCC expects to announce its results for the year ending 31 March 2026 on
Tuesday 19 May 2026.
Contact information
Investor enquiries:
Conor Murphy, Chief Financial Officer Tel: +353 1 2799 400
Rossa White, Head of Group Investor Relations & Comms. Email: investorrelations@dcc.ie
Media enquiries:
Sodali & Co (Eavan Gannon/Pete Lambie) Tel: +44 20 7250 1446
Email: DCCGroup@sodali.com
About DCC plc
Invested in Energy
DCC is a customer-focused energy business, specialising in the sales,
marketing, and distribution of secure, cleaner and competitive energy
solutions to commercial, industrial, domestic, and transport customers.
Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a
constituent of the FTSE 100. In our financial year ended 31 March 2025, DCC
generated revenues of £16.1 billion and adjusted operating profit of £609.7
million on continuing operations. DCC has an excellent record, delivering
compound annual growth of 13% in continuing adjusted operating profit and
unbroken dividend growth of 13% while maintaining high returns on capital
employed over 31 years as a public company.
Follow us on LinkedIn (https://www.linkedin.com/company/dcc-plc)
www.dcc.ie (http://www.dcc.ie)
Forward-looking statements
This announcement contains some forward-looking statements that represent
DCC's expectations for its business, based on current expectations about
future events, which by their nature involve risk and uncertainty. DCC
believes that its expectations and assumptions with respect to these
forward-looking statements are reasonable, however because they involve risk
and uncertainty as to future circumstances, which are in many cases beyond
DCC's control, actual results or performance may differ materially from those
expressed in or implied by such forward-looking statements.
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