|Bid||0.00 x 7900|
|Ask||0.00 x 17500|
|Day's range||7,375.00 - 7,460.00|
|52-week range||6,445.00 - 7,760.00|
|PE ratio (TTM)||27.54|
|Forward dividend & yield||1.16 (1.71%)|
|1y target est||8,434.55|
DCC, whose services range from distributing oil to making The Body Shop's body butters, said adjusted operating profit from continuing operations rose to 383.4 million pounds in the year ended March 31, from 345 million pounds a year earlier. Analysts on average expected an operating profit or EBIT of 379 million pounds, according company-compiled estimates. DCC said it expects the year ending March 31, 2019 to be another one of profit growth and development.
The deal to buy Elite One Source Nutritional Services, with an enterprise value of $50 million, will bring DCC's healthcare business into the U.S. market, the UK group said. DCC, which provides services ranging from distributing oil to making The Body Shop brand body butters, had announced a record 550 million pounds in deals in 2017 as it seeks to broaden its footprint beyond Europe. In its energy business, its largest, the third-quarter operating profit was in line with expectations as a rise in crude oil prices was offset by cost control, the company said.
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
The company announced its first acquisition outside its core markets in April when it agreed to buy Shell's (RDSa.L) liquefied petroleum gas (LPG) business in Hong Kong and Macau at a value of about 120 million pounds. Last week, the company agreed to buy NGL Energy Partners LP's retail West LPG division Hickgas LLC to enter into the US market. "We acquire other businesses and integrate to create a bigger business within the market and we think we have the opportunity to do that in the U.S.," Chief Executive Donal Murphy told Reuters in a phone interview after the results, adding that he sees the United States as a good growth opportunity.
Ireland (Other OTC: IRLD - news) -based support services company DCC Plc (Frankfurt: DCC.F - news) reported better-than-expected profit for the first half of the year, helped by growth across its divisions and the impact of a number of acquisitions over the past year. DCC, whose wide range of services runs from distributing oil to making The Body Shop's body butters, has announced a record 550 million pounds in deals this year as it seeks to broaden its footprint beyond Europe. The company announced its first acquisition outside its core markets in April when it agreed to buy Shell (LSE: RDSB.L - news) 's liquefied petroleum gas (LPG) business in Hong Kong and Macau at a value of about 120 million pounds ($157.28 million).
** DCC up 2.2 pct, top of FTSE 100 after co acquires U.S. based LPG unit for $200 mln ** Deal expected to be 2-4 pct accretive to FY 2019 EPS, Jefferies estimates ** Deal also offers longer-term potential ...
Strength in financials and energy firms supported the FTSE on Friday but the index posted its widest weekly loss in two months after a week of political uncertainty and jitters about the resilience of the consumer engine of the UK economy. British stocks sold off on Thursday as fears grew around the squeezed British consumer and the durability of stronger macroeconomic data which had spurred cyclical sectors higher. The main FTSE 100 benchmark was up 0.6 percent at 7,463.54 points at its close, while UK mid-caps pulled out of Thursday's nosedive to gain claw back 1.3 percent.