DCC PLC INVEST IN
WHAT THE WORLD NEEDS
NOVEMBER 2023 | COMPANY OVERVIEW PRESENTATION |
INDEX
- Our Business Today
- DCC Energy
- DCC Healthcare
- DCC Technology
- The World Needs Progress for All
COMPANY OVERVIEW | NOV 2023 | 2 |
OUR BUSINESS TODAY (FY23)
DCC IS A LEADING INTERNATIONAL SALES, MARKETING AND SUPPORT SERVICES GROUP
Locations | Employees | Market Cap | |
22 | 16,000 | c.£5.0bn | |
countries across | |||
4 continents | |||
Revenue | Operating Profit | ROCE | Adjusted EPS |
£22.2bn | £655.7m | 15.1% | 456.3p |
WE PROVIDE SOLUTIONS THE WORLD NEEDS ACROSS THREE TRANSFORMATIVE SECTORS: ENERGY, HEALTHCARE AND TECHNOLOGY; WHERE WE ACQUIRE, IMPROVE AND GROW DIVERSE BUSINESSES.
Profit by Division
16%
14%
70%
Energy Healthcare Technology
Profit by Geography
8%
Cont. Europe
26%42% UKNorth America & RoW
Ireland
24% | 3 |
COMPANY OVERVIEW | NOV 2023 |
HIGHLIGHTS
H1 FY24
FINANCIAL PERFORMANCE
STRONG GROWTH IN ADJUSTED OPERATING PROFIT
- Group adjusted operating profit up 12.0% to £247.6 million
- 4.4% organic growth. 7.8% M&A growth
- Interim dividend increase of 5.0%
COMPANY OVERVIEW
DEVELOPMENT ACTIVITY
£310M COMMITTED IN DCC ENERGY TO VALUE-CREATING ACQUISITIONS
- Progas, nationwide distributor of LPG in Germany, Europe's largest energy market
- DCC Energy completed five more acquisitions in services and renewables
NOV 2023
THE WORLD NEEDS PROGRESS FOR ALL
WE LOOK AHEAD: EMBEDDING STRATEGY AND SUSTAINABILITY
- 50% emissions reduction ambition by 2030 for Scope 3
- First time public credit rating, BBB, issued by S&P Global Ratings and Fitch
- Preparation ongoing for CSRD
4
DCC TODAY (FY23)
A BUSINESS OF REAL SCALE
DCC Energy
70% of Operating Profit
Volume (litres) | Operating Profit | |
15.5bn | £457.8m | |
Gross Profit by Customer | ||
25% | |
44% | C&I |
Domestic | |
31% | Mobility |
Customers | Countries | |
9.5m | 13 | |
Biogenic Content | Employees | |
6.3% | 7,800 | |
Retail Sites | SRO % Op profit | |
1,175 | 28% | |
*Proforma annualising impact of Medi-Globe acquisition
COMPANY OVERVIEW
DCC Healthcare
14% of Operating Profit | ||
Revenue | Operating Profit | |
£821.5m | £91.8m |
Proforma Revenue by Business*
42%
58% | DCC Vital | |
H&BS | ||
CustomersCountries
50K+8
SKUsEmployees
45K+3,400
CMO Facilities
8
NOV 2023
DCC Technology
16% of Operating Profit | ||
Revenue | Operating Profit | |
£5.3bn | £106.1m | |
Revenue by Pillar | ||
16%
31%
Pro Tech | |
Info Tech | |
53% | Life Tech |
CustomersCountries
63K+18
BrandsEmployees
2,500+4,800
Logisitic Capacity
5m sq. ft.
5
OUR INVESTMENT CASE: DOUBLE GROUP PROFITS BY 2030 AT HIGH RETURNS
Our Group has strong operating platforms in growth markets. We have devolved and empowered management teams, innovating and developing to deliver on our growth opportunities.
3% - 4% | 6% - 8% | Mid-Teen | ||||||
Organic | M&A | ROCE | ||||||
Leading market | Excellent M&A | Strong FCF generation | ||||||
positions | capability and wise | self-funds growth | ||||||
Strong operators | capital allocators | ROCE focus deeply | ||||||
Fragmented markets | embedded | |||||||
COMPANY OVERVIEW | NOV 2023 | 6 |
A STRATEGY FIT FOR THE FUTURE
WE MAKE FUTURE FOCUSED | WE GROW FUTURE FOCUSED |
DECISIONS | BUSINESSES |
BASED ON GROWTH THAT SUPPORT | THIS ENABLES PEOPLE AND |
SUSTAINABLE GROWTH | BUSINESSES TO GROW AND |
PROGRESS |
WE CREATE FUTURE VALUE AND HIGH RETURNS FOR EVERYONE
THROUGH CAPITAL ALLOCATION AND OPTIMISATION OF BUSINESS PERFORMANCE
WE LOOK FOR FUTURE GROWTH POTENTIAL. WE INVEST, AND REINVEST, IN BUSINESSES
WITH SOLUTIONS THAT THE WORLD NEEDS.
COMPANY OVERVIEW | NOV 2023 | 7 |
DCC: INVEST IN WHAT THE WORLD NEEDS…
ENERGY
HEALTHCARE
TECHNOLOGY
Need for progress | Outcome |
THE WORLD NEEDS | A CLEANER ENERGY |
CLEANER ENERGY FOR | WORLD |
EVERYONE |
THE WORLD NEEDS | HEALTHY |
LIFELONG HEALTH | WORLD |
THE WORLD NEEDS | PROGRESSIVE |
PROGRESS MAKERS | WORLD |
COMPANY OVERVIEW | NOV 2023 | 8 |
OUR MARKETS
ENERGY
THE WORLD NEEDS CLEANER ENERGY FOR EVERYONE
We need a cleaner energy world. Today three-quarters of the energy we provide is fossil-based.
Our ambition is to give all customers the power to choose a cleaner energy future today with radically inclusive and independent energy solutions.
HEALTHCARE
THE WORLD NEEDS LIFELONG HEALTH
People are living longer. But whatever stage of life they're at, we want people to be healthy. So we support everyday health and wellness, as well as bringing products that enable healthcare providers to diagnose and treat illness.
Our vision is to enable people to lead healthier lives, throughout their lives.
TECHNOLOGY
THE WORLD NEEDS PROGRESS MAKERS
We are progress makers. Whatever the challenge. We make technology provide the solution. The whole solution.
We bring technology solutions that save time, enhance experiences and improve lifestyles. We are the enabler between global technology brands and the people and businesses who use their products. To make progress happen.
COMPANY OVERVIEW
NOV 2023 | 9 |
CAPITAL DEPLOYMENT AND ORGANIC GROWTH GO HAND IN HAND WE INVEST IN GROWTH MEGA TRENDS ACROSS THREE SECTORS
Our capital deployment priorities
Scaling our DCC Health & Beauty platform in high-growth markets & building DCC Vital into a European leader
Our capital deployment priorities
Scaling the specialist capability of
DCC Technology
Our capital deployment priorities
Energy transition capability to bring cleaner energy for customers
Our capital deployment priorities
Consolidating customer bases in North American and European energy markets
Long term growth drivers and rates
Supportive demographic and consumer trends, regulation and policy - proven, scalable capability
Long term growth drivers and rates
Growth industry with channel dynamics that support our specialist capability
Long term growth drivers and rates
Significant opportunity in high growth cleaner energy
Long term growth drivers and rates
Customers requiring cleaner energy transition solutions
4%-6%
3%-5%
5%+
C.2%
COMPANY OVERVIEW | NOV 2023 |
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DCC plc published this content on 14 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2023 09:06:12 UTC.
