DCC plc (DCC) Q2 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Dcc Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.162 -- 00:00:06.048 Good morning and welcome to DCC's interim results presentation for the six months ended 00:00:06.048 -- 00:00:09.011 30th of September 2023. 00:00:09.011 -- 00:00:14.097 I'm Donal Murphy, Chief Executive of DCC and I'm delighted to be joined by Kevin Lucey, 00:00:14.097 -- 00:00:16.898 our Chief Financial Officer. 00:00:17.742 -- 00:00:21.085 Here's our standard disclaimer. Thankfully, I don't have to read it. 00:00:21.085 -- 00:00:23.946 It's there for your notice. 00:00:23.993 -- 00:00:28.539 On our agenda for today, I'll cover off the highlights of the first half of the year, 00:00:28.539 -- 00:00:32.845 which was another period of strong growth and development activity for the group. 00:00:32.845 -- 00:00:35.448 Kevin will take you through the performance review. 00:00:35.448 -- 00:00:39.674 I'll give you an update on our strategy and our development activity, and we'll finish 00:00:39.674 -- 00:00:44.761 with our outlook statement and a summary before we open up the session for questions. 00:00:44.761 -- 00:00:47.905 So let's get started with the highlights for 00:00:47.905 -- 00:00:50.546 H1 FY24. 00:00:51.128 -- 00:00:54.852 It was an excellent start to the year with strong growth in operating profit for the 00:00:54.852 -- 00:00:59.615 Group and an excellent period of acquisition activity. 00:01:00.358 -- 00:01:04.922 On our financial performance, we delivered strong growth in the seasonally less significant 00:01:04.922 -- 00:01:08.606 first half of our financial year to 30 September 2023. 00:01:08.606 -- 00:01:14.292 We were really pleased with the performance given the ongoing challenges in the macroeconomic 00:01:14.292 -- 00:01:16.002 environment. 00:01:16.002 -- 00:01:20.424 Group adjusted operating profit increased b...