Ireland: Positive Performance Outlook From DCC Energy
|
|
|
|
Tuesday, 17 February 2009 |
|
DCC Plc expects earnings to rise about 13% - 15% in on a constant currency basis in the year to 31 March 2009.
Tommy Breen, Chief Executive of DCC, said, " DCC has achieved an excellent result in its third quarter to 31 December 2008, driven primarily by its largest division, DCC Energy. The Group is operating against a background of deteriorating economic conditions in its main geographic markets and is increasingly focused on cost efficiencies. Our strong balance sheet leaves us well placed both commercially and financially to take advantage of opportunities arising in these more challenging times."
In the first week of January, DCC announced another significant acquisition in the UK with the purchase of Cook Fuel Card business.
PetrolWorld 090209
|