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DCC records first-half operating profits of 62m


DCC records first-half operating profits of 62m
Operating profits rose 9 per cent to €62.4 million in the same period. Earnings per share came in 12 per cent ahead at 52.24 cent. Profits before tax and exceptional items during the first half were up almost 7 per cent at €53.4 million from €50 million during the same period in 2011.DCC said that businesses bought by the group were responsible for about 80 per cent of its revenue growth during the first half. Commenting on the results, chief executive Tommy Breen said that operating profits and earnings per share were slightly ahead of budget.

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