Business
Results for the year ended 31 March 2020
Results for the year ended 31 March 2020.
About this update from Dcc Plc
[{"type":"text","content":"\n \n \n RNS Number : 2668N\n DCC PLC\n 19 May 2020\n \n \n \n \n \n 19 May 2020\n \n \n \n \n \n DCC Reports Strong Performance and Excellent Free Cash Flow Generation\n \n \n \n \n \n DCC, the leading international sales, marketing and support services group, is today announcing its results for the year ended 31 March 2020.\n \n \n \n \n \n \n \n \n \n Highlights\n \n \n \n \n 2020\n \n \n \n \n 2019\n \n \n \n \n % change\n \n \n \n \n \n \n Revenue\n \n \n \n \n £14.755bn\n \n \n \n \n £15.227bn\n \n \n \n \n -3.1%\n \n \n \n \n \n \n \n Adjusted operating profit\n \n \n \n 1,2\n \n \n \n \n \n \n £494.3m\n \n \n \n \n £460.5m\n \n \n \n \n +7.3%\n \n \n \n \n \n \n DCC LPG\n \n \n \n \n £228.2m\n \n \n \n \n £201.8m\n \n \n \n \n +13.1%\n \n \n \n \n \n \n DCC Retail & Oil\n \n \n \n \n £140.3m\n \n \n \n \n £133.7m\n \n \n \n \n +4.9%\n \n \n \n \n \n \n DCC Technology\n \n \n \n \n £65.3m\n \n \n \n \n £64.7m\n \n \n \n \n +1.0%\n \n \n \n \n \n \n DCC Healthcare3\n \n \n \n \n £60.5m\n \n \n \n \n £60.3m\n \n \n \n \n +0.3%\n \n \n \n \n \n \n \n Adjusted earnings per share\n \n \n \n 1,2\n \n \n \n \n \n \n 362.6p\n \n \n \n \n 358.2p\n \n \n \n \n +1.3%\n \n \n \n \n \n \n Dividend per share\n \n \n \n \n 145.27p\n \n \n \n \n 138.35p\n \n \n \n \n +5.0%\n \n \n \n \n \n \n Free cash flow4\n \n \n \n \n £492.3m\n \n \n \n \n £434.0m\n \n \n \n \n \n \n \n \n \n Return on capital employed5\n \n \n \n \n 16.5%\n \n \n \n \n 17.0%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n · \n Strong performance for the year with all divisions delivering growth, notwithstanding the challenging market conditions experienced during the year including Brexit uncertainty and the emergence of the Covid-19 pandemic. Group adjusted operating profit increased by 7.3% to £494.3 million, ahead of market expectations\n \n \n \n \n \n · \n Adjusted earnings per share up 1.3% to 362.6 pence, reflecting strong underlying earnings growth, diluted by the impacts of the prior year equity placing and the adoption of IFRS16\n \n \n \n \n \n · \n Continued very strong free cash flow performance, with an excellent 100% conversion of operating profit into free cash flow, and return on capital employed of 16.5% \n \n \n \n \n \n · \n Another active period of development ...