I'm all right Jack

There were no changes to the other remuneration arrangements for executive Directors during the year ended 31 March 2013, save for an increase in the bonus potential for Donal Murphy from 75% to 100% of base salary. This increase was based on exceptional circumstances relating to the delivery of significant growth opportunities in the Energy division for which he has responsibility. See its all one man not you workers at the hard end


Operating profit increased to €229 million (+21.3% on a constant currency basis) primarily reflecting
the strong performances in DCC Energy, driven by a return to colder winter weather conditions
compared to the very mild weather conditions in the prior year.

The Group anticipates strong growth in operating profit in the year to 31 March 2014.

so you lot get out there and make more???????????????

How was your pay rise ?

1. The changes to the salaries of the executive Directors as at 1 April 2013 and the prior year are as follows:

   Executive Director	Salary 1 April 2013	Salary 1 April 2012
   Tommy Breen	€700,000	€700,000
   Donal Murphy	€410,000	€400,000
   Fergal O’Dwyer	€430,000	€400,000

2. Executive Director	% Increase 1 Apr 2013	% Increase 1 Apr 2012
   Tommy Breen	0%	0%
   Donal Murphy	2.5%	0%
   Fergal O’Dwyer	7.5%	0%

DCC posts 21% jump in profit yet pays off more drivers!!!!!

 Dublin-based business support services group dcc posted a 21 per cent jump in annual profit, beating its own guidance, after its energy business was boosted by colder winter weather in Britain.

The company, which earlier this month cancelled its Irish listing and is now solely listed in London posted operating profit in the 12 months to the end of March of £229.2 million, which on a constant currency basis was 21.3 per cent higher than the year before.

The company had guided in February that it expected to post operating profit of £222 million for the year.

http://www.dcc.annualreport13.com/DCC_AR_2013.pdf Just have a look at page 90 and see just who gets all the money not you lot as drivers any way. 

DCC considering FTSE listing

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.

DCC has completed the acquisition of Statoil's industrial liquified petroleum gas (lpg) business in Norway and Sweden.

DCC has completed the acquisition of Statoil's industrial liquified petroleum gas (lpg) business in Norway and Sweden.
The purchase of the business for an undisclosed sum was awaiting competition clearance in the two countries.
The business being acquired has net assets of around €11 million, and sells roughly 260,000 tonnes of fuel annually, equivalent to around 500 million litres or €200 million in revenue.
The acquisition is "an important step in DCC Energy's planned expansion of its LKPG business beyond Britain and Ireland", the group said when announcing the deal in September.

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.

More & More

DCC to buy BP's liquified natural gas business for €50m

DCC said yesterday it had agreed to buy BP’s lpg distribution business for €51.3 million in cash. The sale is due to be completed next month.

DCC has announced a further acquisition in its energy business with agreement to acquire the industrial LPG business of Statoil in Sweden and Norway.

DCC has agreed to buy BP’s liquefied petroleum gas distribution business in the Netherlands and Belgium in a deal worth €24.5 million.
The companies trade as Benegas in the region and supplies LPG

The Office of Fair Trading-GB oils, Scottish Fuels, CPL +

ONE OF DCC’S largest subsidiaries, oil supplier GB Oils, have been compelled to change its oil contracts with customers, following an inquiry by the Office of Fair Trading in Britain.GB Oils Ltd was found to be in breach of British consumer legislation in relation to its charging mechanism, whereby customers could be charged one price on ordering oil, and then charged a higher price on delivery.

The Office of Fair Trading has now secured legally binding undertakings from GB Oils to change its terms and conditions; ensuring prices quoted at order remain fixed until delivery.It comes on foot of a two-year probe by the British regulator into the off-grid energy market in Britain.

In a statement, GB Oils said that, while a clause permitting price changes between the time of order and delivery existed in its terms and conditions, and was intended to cover exceptional circumstances only, it was never used.

Is it time for a new Union ?

perhapes what all tanker drivers in the uk should do is start their own union up may be we could call it N.T.U the National Tanker Driver's Union, we could recruit every driver in every sector of the industry as long as the driver's stuck together every time an employer behaves the way gb oils behaves. "Everyone's out the door". Then wouldnt the big oil companies soon get pissed off with paddy o fuels. Unite dosn't care and its no good people coming on here saying its not the union's fault its the drivers not sticking together the common worker needs leadership not vast amounts of money lifted out of their pockets by a union that stands back and allows all of these companies to act the way they are acting, in fact lets stop coming on here winging lets start a campaign to set our own union up,, Ive spoken to a lot of main fleet drivers who feel the same way, and they would be interested in a union that deals with our problems and not every-body else's. Are you with me? or will someone come on here issuing me a load abuse trying to justify the fact "unite are shite". We need leadership and we need it going in to this winter before more damage is done to your jobs, and now with Total Butler coming in to the company they will be getting rid of more and more drivers and guess what no one will be able to get hold of that lazy "B" Matt Drapper. Can we start a new link on here?, to debate the fact that the union does sod all for us and we now want to start our own at the vary least it will frighten the shit out of unite and our employers. Also Ive looked into the logistics of starting a union and its alot easier they you might think I've approached some top employment barristers and they will provide a lot better legal service then unite will. The money taking in for this new union would be for admin and the driver's welfare not great big salary's for people like Drapper who can't even be arssed to answer his phone. Thank you for taking your time to read this. "Its time to give dignity back to the driver".
 disgruntled ex shop steward

GB Oils/DCC deal referred by OFT

DCC’s  GB OIls acquisition of a number of businesses from Total Downstream UK has been referred to the British Competition Commission.

The Office of Fair Trading (OFT) said made the decision as it was concerned the merger would remove a key competitor in the supply of oil products to non-bulk customers in the UK.
Full story http://www.irishtimes.com/newspaper/breaking/2012/0405/breaking28.html

Gb oils is it bad Drivers, bad Mangers or a bad Union

GB Oils is it bad Drivers,Mangers or a bad Union. I have been asked by a few driver just when is the Union going to get of it's backside and help? the workforce that pays their "fat wages

(Driver One) I would just like say what a shower gb oils are recently took a winter relief drivers which was supposed to last 5 months, 2months in, the board whoever they may be decided in there wise wisdom due to current conditions to finish the contract leaving me high and dry. I am just wondered how many people would take a job for 2 months not many i would suggest they also seem to have a habit of getting rid of shop steward s perhaps they something to hide but my sympathy lies with all you guys that are left because they have no value of drivers who are experienced or otherwise. What a ruthless shower for such a big company with such a narrow vision anyone wishing to contact me feel free and i will tell it how it is. (Driver Two) I was a driver at F Peart Co for 15 years till this monster came in and turned the place upside down,like above i was driving a wagon that had been apparently scrapped 2 weeks before,so i was driving a veh which was declared scrapped,yet they claim to be realy strict on vehicle roadworthyness lol!!they treat me like shxt for my last 2 mnths till i left and went to an independent company.nearly all gb drivers cant stand who they work for now,they are also worried that 1 mistake and your out the door if they so wish.i hate this company and so do many others,goodluck gb oils drivers.....

DCC pays €22.7m for Swedish fuel distributor Swea EnergiINDUSTRIAL SERVICES group DCC has acquired Swedish fuel distributor Swea Energi.

INDUSTRIAL SERVICES group DCC has acquired Swedish fuel distributor Swea Energi.
The listed group will pay €22.7 million upfront in cash for the business which is owned by Lennart and Viviann Hansson and is debt free.
A further €6.6 million may become payable depending on the performance of the group between March next year and the end of March 2013, possibly bringing the final cost to €29.3 million.
http://www.irishtimes.com/newspaper/finance/2011/1221/1224309337706.html

I see that we had another free advert on the TV from Rip-off Britain Merry Xmas to all

I see that we had another free advert on the TV from Rip-off Britain

Another computer error for DCC GB oils ?

Maxol Direct 'sorry' for double-charging 2,200 customers

Home heating company Maxol Direct has apologised to customers for the error

The home heating company Maxol Direct has apologised to 2,200 customers who were charged double by mistake.

The firm has blamed a computer error for direct debit payments being taken twice. It said all customers will be refunded within the next few days.
The heating oil company was recently taken over by DCC Energy. http://www.bbc.co.uk/news/uk-northern-ireland-15903040

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.

Island fuel protesters pump up pressure for fair prices

The head of GB Oils - the parent company of Scottish Fuels – ran a gauntlet of protesters outside Council Offices in Stornoway this morning as a vocal group had gathered to declare their disgust at the rise in the oil distributor’s fuel prices, which has a direct impact on pence per litre at the pumps.


Managing Director of GB Oils, Sam Chambers had agreed to meet privately with Western Isles councillors, MP Angus MacNeil and MSP Alasdair Allan to explain the company’s position.
Following the price hike two weeks ago Scottish Fuels had went on the record to say: “Our prices are determined by looking at the price in the market over the previous five days, taking an average and then setting our price at that for the next five days.
http://www.stornowaygazette.co.uk/news/local-headlines/island_fuel_protesters_pump_up_pressure_for_fair_prices_1_1897982

We are GB Fuels, not GB Oils

Throughout this tough winter period, GB Fuels has always striven to provide the best level of service, treating all its customers with the same level of care and consideration. This service is provided by GB Fuels, an independent, family-owned and family-managed business, which is not part of GB Oils Ltd.

You may have read articles in both national and local newspapers about an Irish company, DCC Plc. They operate in the UK as GB Oils Ltd. This subsidiary was formed in 2004 and I would like to stress that it has no connection whatsoever with GB Fuels, which is an independent, family-owned and family-managed company, founded by my great-grandfather in 1877.

As such, we are currently in dispute with DCC Plc over the use of the GB Oils Ltd name. Through this name, they have acquired numerous oil companies and, in the North East, now have what is approaching a supply monopoly. The companies they have bought, which operate in the North East, include: Brett Fuels, James D Johnston, F Peart & Co, Charter Fuels, Bayford & Co, Emo, Noble Fuels and CPL Petroleum.

These companies continue to trade under their original brand names, despite being 100% owned and controlled by DCC Plc. We advise all our customers to note that, in the North East, truly independent fuel supply companies are now rare and we are proud to be one of the few remaining.

GB Fuels has over 130 years of experience in the industry and region and we pride ourselves on our independence, which we believe allows us to provide a friendly, professional service, at competitive prices.

DCC Plc has also been acquiring heating oil price comparison websites, including Boiler Juice.com, which provides supposedly the lowest quotes from several companies in the area. In an area like the North East, these quotes are, of course, mainly from their own companies and, as stated in numerous recent press articles, do not always offer the lowest prices.

Featuring on the BBC TV news in mid-December, I explained the problems which the industry faced in the adverse weather conditions and how we were trying to make sure all our customers had enough oil over Christmas. I am proud to say that, although we had to turn away many non-customers due to industry supply issues, we were able to quote and supply the vast majority of our customers over this period.

The prices we quoted to all our customers were always among the lowest of our competitors and remained so, despite national heating oil supply problems in December - and in contrast to some companies, which were subject to ‘profiteering’ allegations in the press.

Boilerjuice to regain its Independence?

After a colossal volume of criticism about its impartiality and opaqueness, Boilerjuice may become independent once again.
In 2005 Paul and Sarah Ward formed Boilerjuice as an independent group buyer for heating oil consumers, and sold it to oil distribution conglomerate DCC Energy around 2008. Ever since then, the service has come under suspicion of favouring the many 'brands' that DCC owns, and of only really being a sales front rather than a price comparison and group buying service.
The Daily Telegraph now reports that DCC is selling Boilerjuice back to its managing director, Paul Ward. In the report by Rowena Mason on 4 October 2011 [DCC to sell heating oil price comparison website Boilerjuice after OFT criticism], the company made the following statement:

Boilerjuice was, and remains, an independent price comparison website, comparing our prices and those of hundreds of independent suppliers to offer buyers the best prices in their area. Unfortunately, this independence was questioned by some quarters of the media, albeit incorrectly, because of our ownership of the site. We have therefore sold Boilerjuice to its managing director, Paul Ward, and wish him continued success at giving consumers a truly independent means of finding the best prices.

Clearly DCC Energy played its game with Boilerjuice as long as it could, but with the OFT report looming on price fixing and lack of competition in the domestic market, it must regard its position as untenable. At the very least, DCC is just trying to defelect attention away from the fact that it owns 40 or more heating oil supplier brands.

DCC plc Acquires Heating Oil Distributor, Total Butler

DCC plc Acquires Heating Oil Distributor, Total Butler

23rd September 2011

Acquisitive Irish commodities conglomerate, DCC plc, has reached a conditional agreement with Rontec Investments LLP to acquire oil distribution assets in Great Britain, the Channel Islands and the Isle of Man, including heating oil distributor Total Butler.
The acquired businesses together employ 550 people and sold 1.5 billion litres of fuel in 2010. The key components of the businesses are:

• The trade, fixed assets, stock and goodwill of fuel distributor Total Butler, which had sales volumes in 2010 of c.670 million litres. Total Butler has a network of 40 distribution depots across England and Wales, with a fleet of approximately 200 tankers.

• Contracts to supply transport fuels to around 300 Total branded retail forecourt sites. Volumes sold under these contracts in 2010 amounted to c.710 million litres.

• The entire issued share capital of Total's oil distribution and retail service station businesses on the Isle of Man and the Channel Islands. In 2010, together these businesses sold c.120 million litres of fuel.

see the rest at http://www.oilfiredup.com/site/news/item/1391

DCC to buy Total assets

http://www.irishtimes.com/newspaper/breaking/2011/0923/breaking8.htmlDCC has agreed to buy oil distribution assets owned by Total in Britain, the Isle of Man and the Channel Islands in a deal worth €67 million.
The company is to buy the assets from Rontec Investments when it completes a deal it struck in the summer with Total.

The deal includes trade, fixed assets and stock of transport, commercial and home heating oil distribution business Total Butler, the share capital of Total's oil distribution and retail service station businesses on the Isle of Man and the Channel Islands, and contracts to supply transport fuels to about 300 dealer owned and operated retail service stations that are currently branded Total.