DCC PLC · LSE:DCC
DCC — Investor Presentation (April 2016)
19 slides from DCC's investor presentation, April 2016
Slide 1: Company Overview
Company Overview
Slide 2: DCC Overview
DCC Overview DCC is an international sales, marketing, distribution and business support services group operating across four divisions Profit by division* Profit by geography* 4% 6% 14% 35% 17% 59% 65% DCC Energy DCC Technology UK DCC Healthcare Continental Europe/Other DCC Environmental ROI • List
Slide 3: DCC's Strategy
DCC’s Strategy Our Objective: Our strategic priorities: • Creating and sustaining leading positions in each of the To continue to build markets in which we operate a growing, sustainable • Continuously benchmarking and improving the efficiency and cash generative of our operating model in each of ou
Slide 4: Acquisitions - Important Part of the Growth Story
Acquisitions - Important Part of the Growth Story Acquisitions* By Division – Since 2000 15 Year Total £1.6bn • £1.8bn spent / committed on acquisitions • Excluding the Irish subsidiaries of DCC Food & since flotation in 1994 Beverage which were disposed of in Q4 FY15 • Disposals net of exceptionals
Slide 5: Cash Flow Since Flotation in 1994
Cash Flow Since Flotation in 1994 21 Year 1 April 1994 – 31 March 2015 £m CAGR Operating profit 2,195 13.2% • Revenue increased from £0.2bn to £10.6bn Decrease in working capital 214 Depreciation 614 • Operating profit increased from £17m to Other (50) £228m. CAGR of 13.2% Operating cash flow 2,973
Slide 6: Track Record of Consistent Growth
Track Record of Consistent Growth Operating profit (£m) 208 228 EPS (pence) 209.2 196 191.2 187 21 year CAGR 171 21 year CAGR 173.1 171.2 13.2% 149 161 12.2% 139.7 157.9 142.0 117 115.9 95 97.5 82 84.5 71 75 73.6 78.4 62 64.9 56 58.3 51 50.4 43 41.9 36 32.3 37.7 24 29 25.9 29.9 17 19 22 18.8 22.1 19
Slide 7: DCC TSR
DCC TSR Versus the FTSE 100 and FTSE 250 Since flotation (21 years) Over last 14 years Over last 7 years 5000% 4844% 1200% 450% 426% 1064% 400% 1000% 4000% 350% 800% 300% 3000% 250% 600% 200% 2000% 400% 150% 120% 307% 1000% 815% 100% 200% 50% 366% 96% 50% 0% 0% 0% DCC FTSE 100 FTSE 250 DCC FTSE 100
Slide 8: Our Business: By Division
Our Business: By Division
Slide 9: DCC Energy
DCC Energy The leading oil and liquefied Volume Revenue Operating profit ROCE petroleum gas (“LPG”) sales, 10.8bn £7,624.1m £119.4m 19.8% Litres marketing and distribution business in Europe 10% • Oil distribution for transport, heating and Transport Fuels industrial / agricultural processes 21% Com
Slide 10: DCC Energy: Our Business
DCC Energy Our Business Volumes by geography* Volumes by sector * 7% 26% Britain Oil Europe LPG 41% 52% 57% Ireland Retail & Fuelcard 17% Customer Volumes FY 2015 Operating profit by sector * 4% 3% Commercial & Industrial 4% 23% 11% Retail LPG Domestic 50% Oil Agricultural 18% 60% Retail & Fuelcard
Slide 11: A Business of Scale
DCC Energy A Business of Scale Pro-Forma Business Statistics FY 2015 (inc. acquisitions announced) Volumes Customers Trucks Employees Facilities 13.5bn 1.3m 2,150 5,300 430 Litres Retail petrol sites operated/supplied Britain France Sweden 1,600 400 400 Austria Ireland 300 100 10
Slide 12: Acquisition of Butagaz
DCC Energy Acquisition of Butagaz • Acquisition of the second largest LPG business in France, with market share of 25% and the leading brand in the market • Market leader in the cylinder and small bulk market segments • Sells directly or indirectly to over four million customers • Significantly incr
Slide 13: DCC Technology
DCC Technology FY2015 Leading route-to-market Revenue £2,350.3m partner for global Operating profit £49.3m consumer and SME ROCE 25.5% technology brands Employees 1,953 DCC Technology operates under the brand 350 In the home 15,000+ Consumer industry customers leading In the office Retail, etail, &
Slide 14: DCC Technology at a Glance
DCC Technology at a Glance DCC Technology delivers an industry-leading and innovative range of services and value add solutions that enable our partners to access existing and new sales channels in the most effective manner possible. The obvious partner for a new supplier to access European Retail a
Slide 15: Strong Market Positions
DCC Technology Strong Market Positions Current presence DCC Geography Market Position Technology Expansion plans UK No. 1 Ireland No. 1 France No. 7 In the home In the office Sweden No. 3 On the move Netherlands Belgium Others UAE Spain Norway Total Europe No. 4 Global supply chain capability with o
Slide 16: DCC Healthcare
DCC Healthcare Sales, marketing FY2015 and distribution of Revenue £488.1m pharmaceuticals and Operating profit £39.7m medical devices and ROCE 16.6% provision of services to Employees 1,992 health & beauty brand owners FY15 sales by business FY15 sales by geography 10% 29% 14% UK DCC Vital Ireland
Slide 17: DCC Vital - What We Do
DCC Healthcare DCC Vital - What We Do DCC Vital Most comprehensive sales channel coverage in Britain and Ireland 3rd party Own brand/licence brand owners products FY15 Gross Profit by product: 38% Own Brand Sales, marketing Portfolio Procurement Vendor Supply chain & distribution development managem
Slide 18: DCC Health & Beauty Solutions - What We Do
DCC Healthcare DCC Health & Beauty Solutions - What We Do DCC H&BS Product development, A leading outsourced service provider contract manufacturing to the European Health & Beauty sector and packing of health & beauty products Product format capability: Tablets, effervescents, Creams, liquids hard
Slide 19: DCC Environmental
DCC Environmental FY2015 Leading British & Irish Revenue £143.6m provider of recycling, Operating profit £13.3m waste management and ROCE 9.7% resource recovery services Employees 1,020 Revenue Split Non hazardous waste 42% Hazardous waste 58% 18