0R15 8539.0 2.1534% 0R1E 8600.0 3.3654% 0M69 None None% 0R2V 190.25 -0.1312% 0QYR 1345.5 2.0871% 0QYP 424.0 0.5931% 0LCV 146.6464 -1.3147% 0RUK None None% 0RYA 1631.0 -0.6094% 0RIH 171.3 0.9131% 0RIH 174.9 2.1016% 0R1O 186.0 9820.0% 0R1O None None% 0QFP None None% 0M2Z 298.3 -0.6495% 0VSO None None% 0R1I None None% 0QZI 474.5 0.6363% 0QZ0 220.0 0.0% 0NZF None None%
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DCC’s revenue jumps 25% in FY23, dividend up for 29th consecutive year
Highlights
Ireland-based DCC PLC (LSE: DCC) is engaged in the supply of marketing, international sales, and support services across 21 countries.In fiscal year 2023, the company registered a 25.2% year-on-year growth in the revenue. DCC secured GBP 22.21 billion revenue during FY23, as compared to GBP 17.73 billion in FY22. The company has attributed this growth to the increased prices of energy commodity during the year. Its adjusted operating profit grew by 11.3% following multiple acquisitions completed in FY23.
DCC’s total dividend per share witnessed a 6.5% YoY increase during the reporting period. Notably, DCC recorded growth in dividend for the 29th consecutive year this time.
The company has spent approximately £1.3 billion in acquisition activities in the last three years.
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