DCC (DCC) Investor Presentation summary

Strategic progress and transformation

• Announced sale of Healthcare division for £1,050m EV, with £945m net cash expected and completion in Q3 2025, enabling a capital return of £800m, about 16% of market cap.

• Focus shifting to a single-sector energy business, with Technology under strategic review and new North American leadership in place.

• Over 400 acquisitions completed, emphasizing high returns and self-funded double-digit growth.

Business model and operations

• Operates in energy sales, marketing, and distribution across 12 countries, with two main segments: Solutions (77% EBITA) and Mobility (23% EBITA).

• Solutions provides liquid gas, fuels, biofuels, solar, and energy services; Mobility operates service stations and fleet services, including EV charging and telematics.

• Regional management structure for Solutions and centralized management for Mobility, leveraging synergies and shared best practices.

Growth strategy and market positioning

• Ambition to double profits by 2030, targeting 10%+ annual growth (3–4% organic, 6–8% M&A), with a focus on fragmented markets and high ROCE.

• Leading market positions in liquid gas and fuels in the UK, France, and other European countries, with growing US presence.

• Expanding in biofuels and solar energy services, aiming to distribute 1.5bn+ litres of biofuel by 2030 and consolidate C&I solar markets.