INVESTED IN ENERGY
We are transforming from a diversified group with activities in three sectors to a leading multi-energy business with a clear and resilient strategy
FINANCIAL HIGHLIGHTS
£617.5 m
+2.9% adjusted operating profit*
2025 : £617.5m
2024 : £600.2m
470.2 p
+3.3% total adjusted EPS
2025 : 470.2p
2024 : 455.0p
206.40 p
+5.0% dividend per share
2025 : 206.40p
2024 : 196.57p
15.3 %
return on capital employed*
2025 : 15.3%
2024 : 15.5%
*Continuing operations
SUSTAINABILITY HIGHLIGHTS
37.9 mtCO2e
scope 3 GHG emissions
2025 : 37.9mtCO2e
2024 : 38.9mtCO2e
73.4 gCO2e/MJ
scope 3 carbon intensity
2025 : 73.4gCO2e/MJ
2024 : 74.4gCO₂e/MJ
79%
employee engagement survey
2025: 79%
2024: 77%
0.78
health and safety LTIFR
2025 : 0.78
2024 : 0.89
The sustainability highlights are presented on a Group basis, including Energy, Technology and Healthcare divisions unless stated otherwise.
CHAIR'S STATEMENT
”DCC will be a simpler, leaner and more focused business, with a clear and resilient strategy, delivering exceptional returns on capital employed.”
Mark Breuer - Chair
DCC Energy has a clear and resilient strategy that is aligned with net zero but is also not dependent on the energy transition taking a specific path. With a strong presence in existing essential energy markets and a growing business providing cleaner and renewable energy and related services, DCC will be meeting customers’ energy needs for decades to come.
DCC will also, following the current period of change, be a simpler, leaner and more focused business, with a clear and resilient strategy, delivering exceptional returns on capital employed and free cash flows and with an investment grade balance sheet.
CHIEF EXECUTIVE'S REVIEW
”We are taking decisive action to simplify our Group, pursue our largest growth and returns opportunity and unlock substantial shareholder value.”
Donal Murphy - Chief Executive
We are taking decisive action, from positions of strength, to simplify our Group, pursue our largest growth and returns opportunity in energy and unlock substantial shareholder value. This aligns with our long-held philosophy of disciplined capital allocation. Our plan to maximise shareholder value has three actions:
- First, we believe that our energy business provides our most compelling growth opportunity, and at strong returns. Reflecting the scale of the opportunity and the progress we have made with our Cleaner Energy in Your Power strategy, the Group will now focus solely on the energy sector.
- Secondly, we launched a process to sell DCC Healthcare in November 2024. DCC Healthcare is an excellent business with a long-term record of growth.
- Thirdly, within the next 18 months, as we complete our operational improvement programme for our North American business, we will review options to sell businesses within DCC Technology.
WHY ENERGY NOW?
We aim to be a global leader in the sales, marketing and distribution of energy products and services
We focus on meeting our customers’ needs – providing the essential energy they need to run their businesses and homes. At the same time, we are offering more innovative and cleaner products and services, including solar, to enable the energy transition.
Our strategy delivers long-term sustainable value by combining organic growth with leading M&A capability. We invest and reinvest in a diversified range of energy businesses, with a financial discipline that creates efficiencies, stability and resilience, to drive organic growth. Our devolved structure ensures deep local knowledge and focus, inspiring a culture of innovation and allowing local teams to be more agile.
OUR OPPORTUNITY IN ENERGY
Cleaner Energy in Your Power
GROW CUSTOMERS
by providing them with essential energy products
SELL MORE SERVICES
across on-site energy management and mobility
OUR OPPORTUNITY DRIVES
10% + Growth
annually at high-teens returns
35% Reduction
in 2022 Scope 3 carbon emissions by 2030
Doubling
of 2022 profits by 2030
What we do
Across 12 countries, we serve 10 million customers who need energy beyond the grid, on the road, through the transition. We deliver secure, cleaner and competitive energy through scaled infrastructure, diversified sourcing, and local market expertise built over decades. We acquire and strengthen energy businesses, deepening customer relationships and delivering compounding returns.
DCC ENERGY PERFORMANCE
15.2 bn
+0.1%
volume (litres)
2025 : 15.2bn
2024 : 15.2bn
£535.5 m
+6.5%
adjusted operating profit
2025 : £535.5m
2024 : £503.0m
3.52 ppl
adjusted operating profit per litre
2025 : 3.52ppl
2024 : 3.31ppl
18.5 %
return on capital employed
2025 : 18.5%
2024 : 18.7%
£679.6 m
operating cash flow
2025 : £679.6m
2024 : £769.8m
16.2 %
10-year adj. operating profit CAGR
2025 : 16.2%
2024 : 16.4%
CREATING SUSTAINABLE VALUE
We aim to enable the growth and progress of all our stakeholders, in line with our Purpose. We are clear on the best ways to achieve this and how to measure progress.
Climate Change
Decarbonising our customers
The world needs to transition to lower carbon forms of energy. We are working to achieve net zero across our Group. In particular, DCC Energy is reducing the carbon in the energy it sells to its customers.
Health and Safety
Keeping our people safe
Our people drive trucks and operate machinery. They work in energy facilities and warehouses. Some of our products can be dangerous if not stored and transported carefully. We are focused on keeping our people and the communities where we operate safe at all times.
Our People
Reinforcing our strong culture
DCC is a people business. Developing our people is critical to our current and future success. We do this by investing in training, actively developing careers and building a supportive culture that values inclusion and innovation. We also value the relationships that we have with the many local communities where we operate and that we serve.
Business Conduct
Ensuring strong governance and compliance
Good governance and compliance with the laws and ethical standards that apply to our activities are fundamental to how we do business. We also recognize the positive contribution to society that can be made by working with suppliers and customers who share our values.