Business services group DCC posted an 8 per cent rise in adjusted first-half earnings today and said expectations for the full year had improved.
The group - which has marketing and distribution operations in the energy, IT, healthcare, and food and beverage sectors - reported adjusted earnings per share of 48.95 cents - up from 44.3 cents previously.
DCC 's group operating profit rose 17 per cent to €45.2 million in the six months to end-September, boosted by 64 per cent profit growth at DCC Environmental and a 45 per cent rise in profit at its IT unit DCC Sercom.
DCC said it expected full year adjusted EPS to be close to that achieved in the previous year.
The group also announced today it was paying up to €16.7 million for a 90 per cent shareholding in Wastecycle, a waste management company based in Nottingham, England.