DCC PLC
16 July 2026
16 july 2026
AGM trading statement
DCC plc, the leading multi-energy sales and distribution group, is issuing this update in advance of the Company's AGM to be held at 2.00 p.m. BST today.
First quarter ended 30 June 2026
In the seasonally less significant first quarter of the year, Group operating profit on a continuing basis was in line with our expectations and ahead of the prior year.
In DCC Energy, notwithstanding a modest pull-forward of demand into the final quarter of the prior financial year related to the conflict in the Middle East, trading was ahead of the prior year and in line with our expectations.
DCC Technology traded ahead of the prior year and in line with our expectations in the first quarter.
outlook
DCC continues to expect ongoing strategic progress, growth and continued development activity in the year ahead.
DEVELOPMENT ACTIVITY
In January 2026, DCC announced its entry into the Polish, Hungarian, Czech and Slovakian liquid gas markets. The acquisition provides a significant opportunity to consolidate across four new markets, building on DCC's longstanding track record of value creation through M&A. The transaction completed in late May 2026, ahead of our original timeline.
The sale process for Nexora (DCC Technology) is progressing in line with expectations and remains on track for agreement by the end of calendar year 2026.
Proposed change of company name
Subject to shareholder approval at today's AGM, DCC intends to change its name from DCC plc to DCC Energy plc, with the change expected to take effect shortly following the conclusion of the meeting.
date for interim results
DCC expects to announce its interim results for the six months ending 30 September 2026 on Tuesday 10 November 2026.
Contact information
Investor enquiries: |
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Conor Murphy, Chief Financial Officer |
Tel: +353 1 2799 400 |
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Hollie Daly, Director of Group Investor Relations |
Email: investorrelations@dcc.ie |
Media enquiries: |
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Sodali & Co (Eavan Gannon/Pete Lambie) |
Tel: +44 20 7250 1446 |
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Email: DCCGroup@sodali.com |
About DCC plc
DCC plc is a leader in multi-energy sales and distribution in Europe and the US.
We serve millions of customers across the commercial & industrial, public and domestic sectors. We deliver mainly off-grid energy solutions, led by liquid gas, and operate services stations and fleet services. We supply the secure, cleaner and competitive energy our customers need, supporting industrial processes, heating homes, and keeping transport moving. We do this while supporting customers through the transition with the energy and services they need next.
Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100. In our financial year ended 31 March 2026, DCC generated revenues of £15.4 billion and adjusted operating profit of £634.0 million. DCC Energy has an excellent record, delivering compound annual growth of 14% in adjusted operating profit and unbroken dividend growth of 13% while maintaining high returns on capital employed over 32 years as a public company.
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www.dcc.ie
Forward-looking statements
This announcement contains some forward-looking statements that represent DCC's expectations for its business, based on current expectations about future events, which by their nature involve risk and uncertainty. DCC believes that its expectations and assumptions with respect to these forward-looking statements are reasonable, however because they involve risk and uncertainty as to future circumstances, which are in many cases beyond DCC's control, actual results or performance may differ materially from those expressed in or implied by such forward-looking statements.
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