The DCC Plc Board has decided to pay an interim dividend of 66.19 pence per share, which represents a 5.0% increase on the prior year interim dividend of 63.04 pence per share. This dividend will be paid on 13 December 2024 to shareholders on the register at the close of business on 22 November 2024.
Other financial highlights include:
Group adjusted operating profit increased 4.7% (6.0% constant currency) in the seasonally less significant first half of the year. Organic growth was 0.5% with M&A activity (net of divestments) contributing 5.5%.
Adjusted earnings per share up 6.2% (7.5% constant currency).
Since their prior year Final Results in May 2024, DCC has committed approximately £130 million to eight bolt-on acquisitions. The largest acquisitions were in DCC Energy: Wirsol in Germany, a solar photovoltaic (PV) and battery storage business; and Acteam ENR, a French solar PV business. During the period, DCC also disposed of a majority stake in its liquid gas business in Hong Kong & Macau.
