Business
Preliminary Results for year ended 31 March 2013
Preliminary Results for year ended 31 March 2013.
About this update from Dcc Plc
[{"type":"text","content":"\n \nRNS Number : 6093E DCC PLC 14 May 2013 \n \n\n\n14 May 2013\nPreliminary Results for the year ended 31 March 2013\n \nDCC, the sales, marketing, distribution and business support services group, today announced its results for the year ended 31 March 2013.\n \n\n\n\n\n\nRESULTS HIGHLIGHTS\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n \n\n\n€\n\n\n \n\n\n% Change on prior year†\n\n\n\n\n \n\n\n \n \n\n\n \n\n\nReported\n\n\n\nConstant currency*\n\n\n\n\nRevenue\n\n\n12,966.3m\n\n\n \n\n\n+25.3%\n\n\n+19.4%\n\n\n\n\nOperating profit**\n\n\n229.2m\n\n\n \n\n\n+27.5%\n\n\n+21.3%\n\n\n\n\nProfit before net exceptional items, amortisation of intangible assets and tax\n\n\n211.9m\n\n\n \n\n\n+31.0%\n\n\n+24.4%\n\n\n\n\nAdjusted earnings per share**\n\n\n209.96 cent\n\n\n \n\n\n+32.6%\n\n\n+26.0%\n\n\n\n\nDividend per share\n\n\n85.68 cent\n\n\n \n\n\n+10.0%\n\n\n \n\n\n\n\nOperating cash flow\n\n\n324.5m\n\n\n(2012: €277.3m)\n\n\n\n\nFree cash flow***\n\n\n198.0m\n\n\n(2012: €146.0m)\n\n\n\n\nNet debt \n\n\n219.9m\n\n\n(2012: €128.2m)\n\n\n\n\nTotal equity\n\n\n1,055.3m\n\n\n(2012: €1,014.0m)\n\n\n\n\nReturn on total capital employed\n \n\n\n15.6%\n\n\n(2012: 14.2%)\n\n\n\n\n† based on continuing activities i.e. excluding DCC SerCom’s Enterprise distribution business which was disposed of in June 2012\n* all constant currency figures quoted in this report are based on retranslating 2012/13 figures at prior year translation rates\n** excluding net exceptionals and amortisation of intangible assets *** after net capital expenditure, interest and tax payments\n \n\n\n \n\n\n\n\n \n\n \nØ Revenue increased to €13 billion (+19.4% on a constant currency basis) driven by acquisitions, particularly in DCC Energy, and strong organic growth in DCC SerCom.\n \nØ Operating profit increased to €229 million (+21.3% on a constant currency basis) primarily reflecting the strong performances in DCC Energy, driven by a return to colder winter weather conditions compared to the very mild weather conditions in the prior year, and in DCC Healthcare, which benefited from acquisitions.\n \nØ Adjusted earnings per share up 26.0% on a constant currency basis and 32.6% on a reported basis.\...