DCC PLC DCC plc Investor Event Today - Leading with Energy (6887L)
17 May 2022 - 4:01PM
UK Regulatory
TIDMDCC
RNS Number : 6887L
DCC PLC
17 May 2022
17 May 2022
Investor Event Today: Leading with Energy
DCC plc, the leading international sales, marketing and support
services group, is hosting an event for market participants today
at 1.00 p.m. BST, 17 May 2022.
The event will cover DCC's energy strategy and growth
opportunity through energy transition. It will also provide DCC
Group perspectives on growth, capital allocation and
sustainability.
Amongst other items, the event will cover:
-- The growth opportunities for DCC in the energy sector and proactive
approach of the business to reducing the carbon emissions of customers
-- A new structure for DCC's energy activities, including the establishment
of a single energy division - DCC Energy
-- Insight into the energy transition pathways of DCC Energy's customers
and sectors
-- The expansion of DCC Energy's product and service offering, highlighting
new and innovative offerings and including discussion with DCC Energy
teams, customers and partners
-- Outline the anticipated financial characteristics of DCC Energy to
2030 and beyond
The event will also cover DCC Group strategy, capital allocation
and sustainability:
-- Group growth ambition to deliver double digit earnings growth to
2030 and beyond, leveraging leading positions across DCC Healthcare,
DCC Technology and DCC Energy
-- Capital allocation priorities and evolution of the Group over time
-- Expansion of DCC's commitments in respect of carbon emissions, including
a new commitment today to be net zero by 2050 or sooner for Scope
3
The event will be hosted by Donal Murphy, Chief Executive and
members of the senior management team.
Donal Murphy, Chief Executive, said today:
"We are excited to launch this next phase of growth for our
energy business and really demonstrate how DCC is Leading With
Energy. Our energy strategy is focussed on accelerating the net
zero journey of our customers by leading the sales, marketing and
distribution of low carbon and renewable energy solutions. Our
talented teams across DCC Energy have already made great progress
in developing multi-energy solutions for our customers. Today we
are making it clear that DCC will be Leading With Energy as we
commit to being net zero for Scope 3 carbon emissions by 2050 or
sooner, commit to deploy capital to accelerate our transition
capability and highlight the growth opportunity available to us
across DCC Energy, DCC Healthcare and DCC Technology."
Event Details
Please use the following webcast link to access the event:
https://www.investis-live.com/dcc/6272789f207390120011bf78/wefq
A recording of the event, presentation slides, detailed
information pack and transcript will be made available shortly
after the event at www.dcc.ie .
Contact information
Investor enquiries:
Donal Murphy, Chief Executive
Kevin Lucey, Chief Financial Officer Tel: +353 1 2799 400
Rossa White, Head of Group Investor Email: investorrelations@dcc.ie
Relations
Media enquiries:
Powerscourt (Eavan Gannon/Genevieve Tel: +44 20 7250 1446
Ryan)
Email: DCC@powerscourt-group.com
About DCC plc
DCC is a leading international sales, marketing and support
services group with a clear focus on sustainable growth. DCC is an
ambitious and entrepreneurial business operating in 21 countries,
supplying products and services used by millions of people every
day. Building strong routes to market, driving for results,
focusing on cash conversion and generating superior sustainable
returns on capital employed enable the Group to reinvest in its
business, creating value for its stakeholders.
Headquartered in Dublin, the Group operates across three
sectors: energy, healthcare and technology, employing over 15,400
people. DCC plc is listed on the London Stock Exchange and is a
constituent of the FTSE 100. In its financial year ended 31 March
2022, DCC generated revenue of GBP17.7 billion and operating profit
of GBP589.2 million.
DCC has an excellent record, delivering compound annual growth
of 14% in operating profit and generating an average return on
capital employed of approximately 19% over 28 years as a public
company.
Follow us on LinkedIn , Twitter .
www.dcc.ie
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May 17, 2022 02:01 ET (06:01 GMT)
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