Dcc Plc · LSE:DCC
Dcc — Investor Presentation (November 2024)
77 slides from Dcc's investor presentation, November 2024
Slide 1: Company Overview Presentation November 2024
NOVEMBER 2024 COMPANY OVERVIEW PRESENTATION
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any shares or other securities of DCC plc (“DCC”). This presentation contains some forward-looking statements that represent DCC’s expectations for its business, based on cu
Slide 3: Index
INDEX 1 Strategic Action Plan 2 Our Business Today 3 DCC Energy 4 DCC Healthcare 5 DCC Technology 6 The World Needs Progress for All COMPANY OVERVIEW NOV 2024 3
Slide 4: Strategic Action Plan
STRATEGIC ACTION PLAN – ANNOUNCED NOVEMBER 2024 STRATEGIC ACTION PLAN COMPANY OVERVIEW NOV 2024 4
Slide 5: Decisive plan to maximise shareholder value
DECISIVE PLAN TO MAXIMISE SHAREHOLDER VALUE Focused DCC will maximise value FOCUS ON OPPORTUNITY IN ENERGY SIMPLIFY OUR GROUP DCC Healthcare DCC Technology Cleaner Energy in Your Power Sale in 2025 Strategic review COMPANY OVERVIEW NOV 2024 5
Slide 6: Focus on our winning strategy for Energy
FOCUS ON OUR WINNING STRATEGY FOR ENERGY bio REDUCE BUILD the carbon intensity a leading electron- of essential liquid based energy mgmt. fuels business DRIVE 1 2 3 c.10% growth annually at Lifetime value per Doubling of profit high-teens returns customer of 1.4 to 4x by 20301 COMPANY OVERVIEW NOV 2
Slide 7: Pro forma DCC is a market leader with scale and great capability
PRO FORMA DCC IS A MARKET LEADER WITH SCALE AND GREAT CAPABILITY Scale > 10m cross sector customers Since new Energy strategy announced FY22 FY24 SRO%1 22% 35% Capability Leadership CO2e/EBIT 26% Unique capability in off-gas- 50 years of experience → A grid and decentralised energy market leader in
Slide 8: Well on track to deliver our vision outlined in September 2023
WE ARE WELL ON TRACK TO DELIVER OUR VISION OUTLINED IN SEPTEMBER 2023 EBIT BRIDGE (FY22A-FY30), £M(2) c. 830 EBIT growth >20% of EMS EBIT growth in SRO achieved c. 100 Managed decline in oil c.£5m HVO 40% of LG profit uplift achieved to so far c. 110 end FY24 c. 30 c. 30 c. 40 24% EBITA c. 120 growt
Slide 9: Sale of DCC Healthcare to create significant shareholder value
SALE OF DCC HEALTHCARE TO CREATE SIGNIFICANT SHAREHOLDER VALUE PURSUING SALE OF HEALTHCARE UNIQUE OPPORTUNITY TO ACQUIRE MARKET-LEADING INTERNATIONAL PLATFORM 1. Market-leading positions in both consumer • Long term record of sustained growth, and patient health 10-year EBITA CAGR 12% 10-year averag
Slide 10: Value maximisation plan for DCC Technology
VALUE MAXIMISATION PLAN FOR DCC TECHNOLOGY MAXIMISE VALUE OF DCC TECHNOLOGY LEADER IN TECHNOLOGY DISTRIBUTION Strong business with the leading position in Pro • No.1 in Pro Tech (AV and Audio) globally Tech (AV and audio) distribution • High quality Life Tech business – based in North America 1. Mat
Slide 11: Pro-forma DCC has excellent financial characteristics
PRO-FORMA DCC HAS EXCELLENT FINANCIAL CHARACTERISTICS OUR ENERGY BUSINESS HAS DRIVEN THE GROWTH OF THE GROUP DCC Energy & DCC plc EBITA (last 10 years) Track record and recent performance is FY24 ROCE: stellar DCC Energy 18.7% 21.6% DCC plc 14.3% FY15 FY24 21.0% 19.8% 18.4% 18.6% 19.0% 18.7% Energy
Slide 12: Disciplined capital allocation
OUR STRATEGY AND ACTIONS WILL MAXIMISE VALUE FOR SHAREHOLDERS WE WILL CONTINUE OUR FOCUS ON DISCIPLINED CAPITAL ALLOCATION KEY MESSAGES Maintain strong balance Return surplus cash and sheet, committed to Capital allocation discipline minimise value leakage investment grade rating COMPANY OVERVIEW NO
Slide 13: Our Business Today
OUR BUSINESS TODAY OUR BUSINESS TODAY COMPANY OVERVIEW NOV 2024 13
Slide 14: Our Business Today (FY24)
OUR BUSINESS TODAY (FY24) DCC IS A LEADING INTERNATIONAL SALES, MARKETING AND SUPPORT SERVICES GROUP Locations Employees Market Cap Adjusted Operating Profit by Division 22 16,600 c.£5.7bn DCC Technology countries across 13% 4 continents DCC Healthcare 13% Revenue Operating Profit ROCE Adjusted EPS
Slide 15: DCC Today (FY24): a business of real scale
DCC TODAY (FY24) A BUSINESS OF REAL SCALE DCC Energy DCC Healthcare* DCC Technology* 74% of Operating Profit 13% of Operating Profit 13% of Operating Profit Volume (litres) Operating Profit Revenue Operating Profit Revenue Operating Profit 15.2bn £503.0m £859.4m £88.1m £4.8bn £91.7m Operating Profit
Slide 16: H1 FY25 Highlights
HIGHLIGHTS H1 FY25 Good profit growth & development progress FINANCIAL DEVELOPMENT − Group adjusted operating profit up 4.7% (6.0% on a ccy − Committed c.£130 million to M&A: primarily in DCC basis) to £259.3 million Energy − Organic growth 0.5% with M&A contributing 5.5% − Acquisitions in new energ
Slide 17: Our investment case: double group profits by 2030
OUR INVESTMENT CASE: DOUBLE GROUP PROFITS BY 2030 AT HIGH RETURNS1 Our Group has strong operating platforms in growth markets. We have and empowered management teams, who deliver on our growth opportunities. 3% to 4% + 6% to 8% = 10%+ growth Organic growth from M&A @ mid-teen ROCE Leading market pos
Slide 18: A strategy fit for the future
A STRATEGY FIT FOR THE FUTURE WE MAKE FUTURE WE GROW FUTURE WE CREATE FUTURE FOCUSED DECISIONS FOCUSED BUSINESSES VALUE AND HIGH RETURNS FOR EVERYONE BASED ON GROWTH TRENDS THIS ENABLES PEOPLE THROUGH CAPITAL ALLOCATION AND POTENTIAL THAT SUPPORT AND BUSINESSES TO AND OPTIMISATION OF BUSINESS SUSTAI
Slide 19: Our vision for 2030 and beyond
OUR VISION FOR 2030 AND BEYOND IS DRIVEN BY OUR SUSTAINABLE STRATEGY WE ENABLE PEOPLE AND BUSINESSES TO GROW AND PROGRESS Net Zero Scope 1, 2 & 3 by 2050 or sooner 50% reduction in Scope 1 and 2 emissions by 2030 Commercial, capital and strategic priorities drive our 2030 ambition: 01 02 DCC to be m
Slide 20: Three decades of excellence as a public company
THREE DECADES OF EXCELLENCE AS A PUBLIC COMPANY ADJ. OPERATING FREE CASH FLOW PROFIT GROWTH CONVERSION 30 years CAGR1 30 years cumulative 14% 99% 2024 2022 DIVIDEND TOTAL 2021 GROWTH 2018 Leading Strategic shift to focus on Energy SHAREHOLDER 30 years CAGR 2015 Healthcare with RETURN 2007 Energy (LG
Slide 21: Energy 2030 Vision
ENERGY 2030 VISION THE WORLD NEEDS CLEANER ENERGY FOR EVERYONE
Slide 22: Energy Index
ENERGY INDEX 1 Introduction & What We Do 2 Energy Solutions 3 Energy Mobility 4 Energy Summary 5 Our Energy Strategy in Action COMPANY OVERVIEW NOV 2024 22
Slide 23: DCC Energy: Solutions and Mobility
WE STRUCTURE DCC ENERGY ACROSS TWO BUSINESSES: SOLUTIONS AND MOBILITY DCC ENERGY Energy Solutions Energy Mobility In Energy Solutions, we bring cleaner energy to 1.7 million direct In Energy Mobility, we bring cleaner energy closer for our customers to: fire manufacturing processes, heat facilities,
Slide 24: DCC Energy: What we do
DCC ENERGY: WHAT WE DO DCC Energy is putting Cleaner Energy in Your Power by leading the sales, marketing and distribution of cleaner energy solutions. We do this across two businesses: Energy Solutions and Energy Mobility. SOLUTIONS SOLUTIONS MOBILITY LIQUID GAS AND LIQUID FUELS SOLAR AND ENERGY SE
Slide 25: What we do in DCC Energy Solutions
WHAT WE DO IN DCC ENERGY SOLUTIONS: 76% OF OPERATING PROFIT (FY24) ENERGY SOLUTIONS Liquid gas Liquid fuel Solar and energy management services (EMS) 1. Liquid gas is a transition 1. Leading with fuel in the EU, 15-20% Hydrotreated Vegetable Oil (HVO) – a biofuel 1. Leader in multi-energy services l
Slide 26: What we do in DCC Energy Mobility
WHAT WE DO IN DCC ENERGY MOBILITY: 24% OF OPERATING PROFIT (FY24) ENERGY MOBILITY Service stations Fleet and card services Service stations with fuel/biofuel, Card services, telematics, digital parking convenience, EV charging, car wash & other solutions, truck stops services 1. Fastest growing part
Slide 27: DCC Energy (H1 FY25)
DCC ENERGY (H1 FY25) Direct customers1 Employees Countries Operating profit by business 1.7m 8,900 12 Energy Mobility Revenue2 Operating profit Volume (litres3) 38% £6.6bn £182.7m 7.1bn Energy Solutions 62% Scope 3 Carbon intensity Biogenic content -5.5% in CO2e 74.1kgCO2e/GJ 8.0% of all GJ supplied
Slide 28: Where we operate: DCC Energy
WHERE WE OPERATE DCC ENERGY Principal Operating Locations We supply cleaner energy for everyone in our markets across the world. Everywhere we operate, we are giving all customers the power to choose a clean energy future today. UK FRANCE USA no. 1 No.2 no. 10 in off-grid energy in lower carbon Play
Slide 29: Our winning strategy for Energy
OUR WINNING STRATEGY FOR ENERGY DOUBLE THE PROFITS AND HALF THE CARBON bio REDUCE BUILD the carbon intensity a leading electron- of essential liquid based energy mgmt. fuels business DRIVE 1 2 3 10%+ growth annually at Lifetime value per Doubling of profit high-teens returns customer of 1.4 to 4x by
Slide 30: Significant global markets
A ONCE IN A GENERATION GLOBAL TRANSFORMATION DCC ENERGY WILL WIN THROUGH ITS CUSTOMER RELATIONSHIPS AND FLEXIBLE MODEL SIGNIFICANT EXCITING DCC HAS OUR GLOBAL GROWTH THE CAPABILITY RIGHT MARKETS POTENTIAL TO WIN TODAY (ANNUAL PROD.) 2030 (ANNUAL PROD.) HVO1 rLPG/rDME2 HVO1 rLPG/rDME2 Leading molecul
Slide 31: Well on track to deliver our vision outlined in September 2023
WE ARE WELL ON TRACK TO DELIVER OUR VISION OUTLINED IN SEPTEMBER 2023 EBIT BRIDGE (FY22A-FY30), £M(2) c. 830 EBIT growth >20% of EMS EBIT growth in SRO achieved c. 100 Managed decline in oil c.£5m HVO 40% of LG profit uplift achieved to so far c. 110 end FY24 c. 30 c. 30 c. 40 24% EBITA c. 120 growt
Slide 32: Energy Solutions
ENERGY SOLUTIONS COMPANY OVERVIEW NOV 2024
Slide 33: Energy Solutions Pathways
ENERGY SOLUTIONS PATHWAYS We have analysed how the energy transition might unfold for our commercial & industrial and domestic customers where we operate off ‘the natural gas grid. We will shift our commercial & industrial customers from oil to biofuel or liquid gos, and install solar and/or combine
Slide 34: Energy Solutions Pathways
ENERGY SOLUTIONS PATHWAYS We have analysed how the energy transition might unfold for our commercial & industrial and domestic customers where we operate off ‘the natural gas grid. We will shift our commercial & industrial customers from oil to biofuel or liquid gos, and install solar and/or combine
Slide 35: Multi-energy solutions for commercial & industrial customers
MULTI-ENERGY SOLUTIONS FOR COMMERCIAL & INDUSTRIAL CUSTOMERS We will grow our lifetime value (LTV) through transition. Our commercial & industrial customer relationships average 10-20 years in duration. We want to become the "best customer company" in energy with inclusive and independent solutions.
Slide 36: Multi-energy solutions for domestic customers
MULTI-ENERGY SOLUTIONS FOR DOMESTIC CUSTOMERS We will grow our lifetime value (LTV) through transition. We will make at least as much as we do today, as customers move to a hybrid (fossil plus electrification) or full electrification solution for their heating needs. We have long- standing customer
Slide 37: DCC Energy Strategy 2030
DCC ENERGY STRATEGY 2030 OUR PLAN TO DOUBLE PROFITS AND HALF THE CARBON EBIT Bridge (FY22A-FY30), £m Build a comprehensive energy mgmt. business FY22A FY23A Liquid gas Traditional SRO: HVO SRO: Mobility SRO: Energy SRO: Energy FY30 Management Management Services: Services: installation recurring Dou
Slide 38: Accelerated pace of energy management acquisitions
SINCE ANNOUNCING OUR LEADING WITH ENERGY STRATEGY IN MAY 2022, WE HAVE ACCELERATED THE PACE OF OUR ENERGY MANAGEMENT ACQUISITIONS 1. ENTERING ON-SITE SOLAR 3. ACCELERATION OF ON-SITE SOLAR May 2022 May 2023 Jan 2024 May 2024 Oct 2024 May Jul Dec Jun Oct Nov Feb Jul Aug Sep Nov Feb Apr Jul Sep FY22 r
Slide 39: France as test case for European energy management expansion
FRANCE HAS BEEN THE TEST CASE FOR OUR EUROPEAN ENERGY MANAGEMENT EXPANSION: MARGINS AND RETURNS ARE HIGH Our existing energy management businesses are in … in France, for example, we have expanded EBIT France, the UK, Ireland, Norway, Denmark, Austria, margins from 13% to 14%; and we expect to get t
Slide 40: Solar as a Service launched October 2024
SOLAR AS A SERVICE LAUNCHED OCTOBER 2024 Solar as a Service is managed via a joint venture. The funding comes from bank debt, our equity partner in the venture and a modest minority equity investment by DCC. COMPANY OVERVIEW NOV 2024 40
Slide 41: DCC Energy Strategy 2030: transform fuels through bio
DCC ENERGY STRATEGY 2030 OUR PLAN TO DOUBLE PROFITS AND HALF THE CARBON Transform our fuels through bio EBIT Bridge (FY22A-FY30), £m FY22A FY23A Liquid gas Traditional SRO: HVO SRO: Mobility SRO: Energy SRO: Energy FY30 Management Management Services: Services: installation recurring Double EBITA ta
Slide 42: Aim to be a biofuel leader in Europe by 2030
WE AIM TO BE A BIOFUEL LEADER IN EUROPE BY 2030 WE ARE A LEADING BIOFUEL WORKING WITH TRANSITION PARTNER FOR LEADING MARKETER TODAY LEADERS IN THEIR SECTORS PRODUCERS AND SUPPLIERS • Created HVO market • Important partnerships leadership positions in with major refiners and Ireland and Austria produ
Slide 43: DCC Energy Strategy 2030: grow and renew liquid gas
DCC ENERGY STRATEGY 2030 OUR PLAN TO DOUBLE PROFITS AND HALF THE CARBON Grow and EBIT Bridge (FY22A-FY30), £m renew liquid gas FY22A FY23A Liquid gas Traditional SRO: HVO SRO: Mobility SRO: Energy SRO: Energy FY30 Management Management Services: Services: installation recurring Double EBITA target f
Slide 44: Liquid gas will be important for years to come
LIQUID GAS WILL BE IMPORTANT FOR YEARS TO COME AS A SCALED, CLEAN BURNING, INTENSE ENERGY SOURCE FOR CUSTOMERS OFF THE GAS GRID LIQUID GAS FUELS HAVE A LOWER WE WILL SELECTIVELY GROW OUR LIQUID GAS CARBON INTENSITY THAN LIQUID FUELS BUSINESS BY ABOUT 50% TO 1.5 MILLION TONNES PA GHG Fuels Conversion
Slide 45: Transition pathways for liquid gas customers
WE ARE BUILDING CREDIBLE TRANSITION PATHWAYS FOR OUR LIQUID GAS CUSTOMERS SUITABILITY DCC TODAY OUR PLAN ELECTRIFICATION FOR LOW TEMPERATURE USES Have already Reinforce our Drop-in solution (Served through our Energy rLPG introduced in position as on same Management Services) France, UK and partner
Slide 46: Energy Mobility
ENERGY MOBILITY COMPANY OVERVIEW NOV 2024
Slide 47: DCC Energy Vision 2030: shift our mobility focus
DCC ENERGY VISION 2030 OUR PLAN TO DOUBLE PROFITS AND HALF THE CARBON EBIT Bridge (FY22A-FY30), £m Shift our mobility focus FY22A FY23A Liquid gas Traditional SRO: HVO SRO: Mobility SRO: Energy SRO: Energy FY30 Management Management Services: Services: installation recurring Double EBITA target from
Slide 48: Refocusing mobility business on growth in fleet services
REFOCUSING OUR MOBILITY BUSINESS ON GROWTH IN FLEET SERVICES LEVERAGING OUR OPERATIONAL EXCELLENCE IN FLEET SERVICES IS A GROWTH AREA WHERE WE HAVE RETAIL FORECOURTS AS A CASH ENGINE FOR THE A RIGHT TO WIN TO 2030 AND BEYOND TRANSITION OPTIMISE c.70% of retail network Fleet Services is projected to
Slide 49: Mobility Pathways
my MOBILITY PATHWAYS (Our analysis of how the mobility transition might unfold: electric vehicle (EV) charging and other services will grow at forecourts while fleets shift to biofuel DCC COMPANY OVERVIEW NOV 2024 49
Slide 50: Mobility Pathways
MOBILITY PATHWAYS ‘Our analysis of how the mobility transition might unfold: electric vehicle (EV) charging and other services will grow at forecourts while fleets shift to biofuel DCC COMPANY OVERVIEW NOV 2024 50
Slide 51: EV charging and non-fuel income growth
Existing mix Short-term growth Long-term growth contributes in EV charging and in profitability from EV approximately £60k non-fuel income, while charging and from average profit managing cash growth in convenience contribution from and other forecourt traditional fuel services Gross Profit Time e T
Slide 52: Operational excellence in fleet services
OPERATIONAL EXCELLENCE IN FLEET SERVICES We'll add new services while building on strengths in biofuel supply, well-located truck fuelling sites and digital services for fleet customers Fleet Management Services Digital model for HGV parking Truckstops Biofuel pumps (HVO) Payment solutions Pilots fo
Slide 53: Energy Summary
ENERGY SUMMARY COMPANY OVERVIEW NOV 2024
Slide 54: DCC Energy (H1 FY25)
DCC ENERGY (H1 FY25) Energy Solutions (62% of DCC Energy EBITA) Energy Mobility (38% of DCC Energy EBITA) Operating profit product/solution Operating profit by product/solution Traditional (>65kgCO2e/GJ)2 11% Services, Renewables and Other (SRO) (≤10kgCO2e/GJ)2 Lower Carbon 46% Services, Renewables
Slide 55: What we've built or acquired since May 2022
WHAT WE’VE BUILT OR ACQUIRED SINCE MAY 2022 Where we play Liquid gas Fuel/ biofuel EMS solar onsite EMS other Mobility services France Solar NEW EMS NEW Services NEW UK Biofuel NEW Solar NEW EMS NEW Services NEW Ireland Biofuel NEW Solar NEW EMS NEW Services NEW Germany Scale LG Solar NEW Denm
Slide 56: What is Services, Renewable & Other (SRO)?
WHAT IS SERVICES, RENEWABLE & OTHER (SRO)? A BREAKDOWN FOR FY24 SRO is now 35% of DCC Energy EBITA (FY24) 2024 Energy Management Services is almost 40% and is the fastest £m growing category. Energy Management Services (EMS) 67 Fleet and card services 38 Forecourt services and EV charging 11 Renewab
Slide 57: DCC Energy in summary
DCC ENERGY IN SUMMARY: RECURRING REVENUE, CASH GENERATIVE & HIGH ROCE – Global business with significant Energy used by market presence in 12 countries in customers for: Europe and the US – Heating/hot water – Almost 50 years of industry – Transport experience: a partner of choice for – Industrial/
Slide 58: Our Energy Strategy in Action
OUR ENERGY STRATEGY IN ACTION COMPANY OVERVIEW NOV 2024
Slide 59: Customer success – Flogas Enterprise
CUSTOMER SUCCESS – FLOGAS ENTERPRISE FIRST TELCO TO SIGN CORPORATE POWER PURCHASE AGREEMENT IN IRELAND The challenge: Vodafone sought a partnership in Ireland to purchase electricity from a wind farm facility in a contract known as a CPPA. Our response: Proactive engagement, innovation and new produ
Slide 60: Customer success – Wirsol
CUSTOMER SUCCESS - WIRSOL CITY OF WAGHÄUSEL PHOTOVOLTAIC PROJECTS Through a successful partnership with Wirsol Roof Solutions, the city in Germany has taken substantial steps toward becoming more sustainable: • Photovoltaic Installations: 1,432 photovoltaic modules across eight public buildings gene
Slide 61: Customer success – Certas UK
CUSTOMER SUCCESS – CERTAS UK AN INDUSTRY FIRST PODCAST The challenge: Certas UK built on their position as the leader in liquid fuels in the UK to open a new communication channel around greener fuels. In turn, our business is now positioned as the thought leaders in this space. Our response: Certas
Slide 62: Healthcare
HEALTHCARE THE WORLD NEEDS LIFELONG HEALTH
Slide 63: Sale of DCC Healthcare to create significant shareholder value
SALE OF DCC HEALTHCARE TO CREATE SIGNIFICANT SHAREHOLDER VALUE PURSUING SALE OF HEALTHCARE UNIQUE OPPORTUNITY TO ACQUIRE MARKET-LEADING INTERNATIONAL PLATFORM 1. Market-leading positions in both consumer • Long term record of sustained growth, and patient health 10-year EBITA CAGR 12% 10-year averag
Slide 64: DCC Healthcare: the world needs lifelong health
DCC HEALTHCARE: THE WORLD NEEDS LIFELONG HEALTH DCC Healthcare provides products and services which enable people to lead healthier lives, throughout their lives. We do this across two businesses: HBI Health & Beauty Innovations – Revenue Operating profit ROCE Employees Consumer Health We develop an
Slide 65: DCC Healthcare: What we do
DCC HEALTHCARE: WHAT WE DO Consumer Health Patient Health HBI Health & Beauty Innovations is a world class contract DCC Vital is a leading European business in the manufacturing and development organisation. manufacturing, sales, marketing and distribution of medical products to over 30,000 healthca
Slide 66: Where we operate: DCC Healthcare
WHERE WE OPERATE DCC HEALTHCARE Principal Operating Locations Each of DCC Healthcare's growth platforms has a strong and expanding international footprint: tain USA 1 + Two contract No. manufacturing + Supplier to GPs facilities in + In health and Minnesota and beauty contract Florida EUROPE + Scale
Slide 67: DCC Healthcare brands
DCC HEALTHCARE BRANDS HBI HEALTH & BEAUTY DCC VITAL INNOVATIONS Own Brands Exclusive Partners COMPANY OVERVIEW NOV 2024 67
Slide 68: Technology
TECHNOLOGY THE WORLD NEEDS PROGRESS MAKERS
Slide 69: Value maximisation plan for DCC Technology
VALUE MAXIMISATION PLAN FOR DCC TECHNOLOGY MAXIMISE VALUE OF DCC TECHNOLOGY LEADER IN TECHNOLOGY DISTRIBUTION Strong business with the leading position in Pro • No.1 in Pro Tech (AV and Audio) globally Tech (AV and audio) distribution • High quality Life Tech business – based in North America 1. Mat
Slide 70: DCC Technology operates in 18 countries
DCC TECHNOLOGY – THE WORLD NEEDS PROGRESS MAKERS DCC Technology operates in 18 countries, across Pro, Info and Life Tech Industry Customers: installers, End users: corporates, Revenue by business suppliers integrators, resellers, enterprises, venues, Life Tech retail, etail consumers 15% Pro Tech 2,
Slide 71: DCC Technology: What we do
DCC TECHNOLOGY: WHAT WE DO PRO TECH INFO TECH LIFE TECH SPECIALIST DISTRIBUTOR OF PROFESSIONAL DISTRIBUTOR OF CONSUMER TECHNOLOGY WE DISTRIBUTE LIFESTYLE PRODUCTS, FROM AV PRODUCTS INTO B2B CUSTOMERS PRODUCTS INTO B2C AND B2B MARKETS HOME APPLIANCES TO MUSICAL INSTRUMENTS – Mid-high gross margins –
Slide 72: Operational
OPERATIONAL COMPANY OVERVIEW NOV 2024 72
Slide 73: Our strategy in action – adding value in Pro Tech
OUR STRATEGY IN ACTION – ADDING VALUE FOR OUR CUSTOMER IN PRO TECH EXERTIS JAM, A NORTH AMERICAN PRO TECH BUSINESS, DELIVERS END-TO-END SOLUTION FOR ALLEN & HEATH • Partnership: Project with key pro audio brand and premier mixing console manufacturer Allen & Heath • End-to-end: Exertis Jam supported
Slide 74: The World Needs Progress for All
THE WORLD NEEDS PROGRESS FOR ALL COMPANY OVERVIEW NOV 2024
Slide 75: Sustainability in DCC
SUSTAINABILITY IN DCC WE ARE CLEAR ON THE QUESTIONS THAT ARE MOST RELEVANT TO THE SUSTAINABILITY OF OUR BUSINESS AND TO OUR STAKEHOLDERS. OUR SUSTAINABILITY REPORTING FRAMEWORK IS RECENT SUSTAINABILITY HIGHLIGHTS – MAKING STRUCTURED ACROSS FOUR PILLARS: MEANINGFUL CHANGES: – Published sustainability
Slide 76: Highly ranked by external rating agencies
HIGHLY RANKED BY EXTERNAL RATING AGENCIES In 2023 DCC retained its ‘B’ rating with In 2023 DCC retained its MSCI “AAA” ESG In 2024 Sustainalytics assessed DCC’s CDP which reflects taking coordinated rating for the fifth year in a ESG risk as low with a score of 19.7. DCC action on climate issues. Th
Slide 77: Sustainability progress for the year ended March 2024
SUSTAINABILITY PROGRESS FOR THE YEAR ENDED 31 MARCH 2024 % change vs. 2024 2023 % change 2019 baseline Scope 1 & 2 (market based) carbon emissions 0.068 0.078 -13.6% -45.6% (mtCO2e, Group) Customer Scope 3 carbon emissions 37.9 39.1 -3.1% -8.7% (mtCO2e, DCC Energy) Renewable share of energy sold (Gi