DCC plc (DCC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, and thank you for joining us today for the DC Interim presentation for the six months ended 30th September 2025. My name is Sammy and I'll be coordinating the call today. During the presentation, you can register a question by pressing star followed by one on your telephone keypad. If you change your mind, please press star followed by two on your telephone keypad to remove yourself from the question queue. Now hello to your host, Donald Murphy, Chief Executive of DCC to begin. Please go ahead, Donald. Good morning and welcome to DCC's interim results presentation for the six-month end of 30 September 2025. Thank you all for joining us this morning on our webcast. I'm joined today by our Group CFO, Conor Murphy. Here's our standard disclaimer. Thankfully, I don't have to read it out. So this morning, I will outline the significant strategic progress we have made to build DCC into a simpler, stronger, and more focused business since announcing our change in strategy this time last year. Conor will give you an update on the trading performance in the first half of the year. And we'll finish with our outlook statement and a summary before we open up the session for your questions. So let's get started with an overview of the significant strategic progress we have made over the last 12 months. On the 12th of November 2024, we announced a strategic plan to maximise shareholder value by focusing solely on our compelling opportunity in our energy business and simplifying the group's operations through portfolio actions. Over the last 12 months, we have made very significant progress to simplify the group, with the majority of the planned changes now complete. More on this shortly. We announced in May that we intended to return up to £800 million of the proce...