In an interim management statement today, the company the board is considering whether DCC should seek admission to the FTSE UK Index Series.This would involve the cancellation of DCC's listing on the Irish Stock Exchange. Currently DCC is dual listed on the ISE and LSE and 83 per cent of DCC's trading takes place on the Irish Stock Exchange.
As part of this process, the board is also considering changing DCC's reporting currency from Euro to Sterling.
Today's trading statement said revenue and operating profit in the third quarter to the end of December was well ahead of the prior year, driven primarily by the performance of DCC Energy.
Operating profit in DCC Energy, the Group's largest division, was significantly ahead of the prior year and in line with budget.
Does this mean we are to get a good pay deal? Shares doing very well indeed !
ReplyDelete10 percent pay rise I heard this year since the company is doing so well.
ReplyDelete