Sunday

Profits good and shareholders get 5 per cent more than last years payout at DCC

DCC said yesterday that operating profits was €58.3 million for the  six months ending September 30th
DCC earns the bulk of its revenues and profits in the second half of the year. Yesterday it reported that sales for the first six months were up 11 per cent at €4.4 billion on the €4 billion it reported for the same period in 2010.
Chief executive Tommy Breen said DCC was “keeping its fingers crossed” that its main markets – Ireland and Britain – would experience similar conditions this year, but the group was operating on the basis that normal, milder winter weather would prevail.
The group is proposing to pay an interim dividend of 27.42 cent which is 5 per cent more than the 26.11 cent it paid out to shareholders at the half-way stage last year.

1 comment:

  1. Anonymous4:13 PM

    http://www.bbc.co.uk/news/uk-northern-ireland-15903040

    ReplyDelete