DCC could trigger FTSE 100 exit if it perseveres with share buybacks from tech unit sale
Five FTSE 250 groups valued more highly by the market than Ireland’s last member of blue chip index
Donal Murphy
DCC shares rise on gas deals after weakness amid FTSE 100 exit fears
DCC buying US-based UGI Group’s liquid gas businesses in Poland, Hungary, Czechia and Slovakia
DCC buys Austrian gas distributor for €55m
The company, which is based in Dublin but listed on the FTSE 100, has bought Flaga from European gas company UGI International
DCC applies for court approval for €1bn capital reduction
Move comes after sale of heallthcare division
DCC to sell Ireland and UK info tech unit in €115m deal
Larger part of group’s technology business, which specialises in audiovisual equipment for events companies, is still on the market
DCC still sees remaining businesses growing this year despite initial earnings dip
Irish listed company is ditching its conglomerate structure to focus on energy
DCC seen getting £633m for tech unit – over a third lower than some initial estimates
Weak results for division and mounting concerns about the impact on key US business of tariffs and cautious consumers prompt downgrades
DCC’s reward for strategic shift delayed as Trump casts shadow over tech unit sale
Datalex remains hooked on financial support from billionaire backer Dermot Desmond
DCC ‘confident’ will stay in FTSE 100 as it doubles down on energy after unit sales
DCC said its operating profit rose 4.9% to £703m in year to the end of March, driven by its energy group
DCC shares fall as €1.22bn sale of healthcare unit undershoots expectations
Dublin-based group moved in November to abandon its conglomerate roots to focus on energy
DCC’s latest pitch to the ESG crowd fails to electrify – for now
Market Beat: Company promises green energy can deliver even better profits than its traditional energy portfolio
DCC expects profits to double by 2030 as it chases net zero emissions
Operating profits for year to March rise 11.1% to €695.5m
Bank of Ireland back on board to sponsor Irish Times Business Awards
Event at Mansion House on April 21 will include Business Person of the Year prize
DCC acquires US appliance distributor Almo in $610m deal
Energy and services group effectively doubles US footprint in single transaction
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