Group Strategy
DCC’s strategy is to grow a sustainable, diversified business through concentrating on those activities where it has established, or has the opportunity to establish, leadership positions (i.e. typically number 1 or 2) in its chosen markets. In pursuit of this strategy, DCC will seek to grow:
- through a combination of organic growth and acquisitions which will strengthen existing market positions and carefully extend its geographic footprint;
- through the deployment of a devolved management structure aimed at attracting and empowering entrepreneurial leadership teams capable of delivering outstanding performance in each of its businesses;
- while maintaining the financial discipline necessary to invest only where it can drive returns well above its cost of capital; and
- while retaining a strong balance sheet and a prudent capital structure which will enable DCC to take advantage of attractive commercial opportunities as they arise.
- Successful delivery of the strategy will result in:-
- the achievement of sustainable, superior returns for DCC’s shareholders;
- increased employment opportunities and greater capacity for DCC to provide development opportunities for all its employees;
- enhanced levels of customer service to DCC’s commercial, industrial, retail, domestic and public sector customers;
- strengthening of the “partnership” nature of our relationships with our local, regional, national and global suppliers; and
- increased opportunity for DCC to have a positive impact on the wider communities in which it operates.