DCC increases its 2016 final dividend by 15%

DividendMax Ltd.

DCC increases its 2016 final dividend by 15%

35.5% growth in Group operating profit to £300.5 million, driven in particular by the performance of DCC Energy.

Adjusted earnings per share up 27.2% to 257.1 pence.

Proposed 15.0% increase in the final dividend.

Continued very strong cash flow performance and a return on capital employed of 21.0%.

Completion during the year of the Group's two largest ever acquisitions, Butagaz and Esso Retail France, with both trading well.

Further acquisition activity in each of DCC Energy, DCC Healthcare and DCC Technology.

The Group expects that the year ending 31 March 2017 will be another year of profit growth and development.

Companies mentioned