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DCC warns milder weather to hit full-year profits

Reuters - UK Focus

LONDON, Nov 4 (Reuters) - Business support services group DCC (LSE: DCC.L - news) warned operating profits for the full year would be lower on Tuesday, after mild weather in September and October hit demand in its energy division.

The Dublin-based company, said operating profits and adjusted earnings per share were now expected to be in a range of 5 to 10 percent, compared to earlier expectations of 10 to 12 percent.

DCC, whose activities range from oil distribution to waste management and food distribution, posted a 1.9 percent rise in first half revenues to 5.5 billion pounds ($8.80 billion). (1 US dollar = 0.6252 British pound) (Reporting by Li-mei Hoang; editing by Kate Holton)