Dcc Plc · LSE:DCC
Dcc — Investor Presentation (July 2016)
18 slides from Dcc's investor presentation, July 2016
Slide 1: Company Overview
Company Overview July 2016
Slide 2: DCC Overview
DCC Overview DCC is an international sales, marketing, distribution and business support services group operating across four divisions Profit by division Profit by geography 5% 7% 12% DCC Energy UK DCC Healthcare Continental Europe/Other 15% 68% 40% 53% DCC Technology ROI DCC Environmental • Listed
Slide 3: DCC’s Strategy
DCC’s Strategy Our objective: Our strategic priorities: Creating and sustaining leading positions in To continue to build each of the markets in which we operate a growing, sustainable Continuously benchmarking and improving and cash generative the efficiency of our operating model in each business
Slide 4: Cash flow since flotation in 1994
Cash flow since flotation in 1994 22 Year 1 April 1994 – 31 March 2016 £m CAGR Operating profit 2,496 14.0% • Revenue increased from £0.2bn to £10.6bn Decrease in working capital 252 • Operating profit increased from £17.5m to Depreciation 689 £300.5m. CAGR of 14.0% Other (52) Operating cash flow 3,
Slide 5: Acquisitions – an important part of the growth story
Acquisitions – an important part of the growth story Acquisitions (£m) By Division – Since 1994* 394 £88m 22 Year Total 5% £239m 14% £1.7bn 168 £303m Energy 144 137 124 18% 109 Healthcare 86 72 66 83 64 Technology 48 48 50 £1,084m 32 32 26 31 21 45 63% Environmental 9 7 11 1994 2016 • £1.8bn acquisi
Slide 6: Track record of consistent growth
Track record of consistent growth Operating profit (£m) 22 year CAGR EPS (pence) 22 year CAGR 14.0% 12.6% 301 257 209 228 191 208 173 196 171 187 158 171 142 161 140 149 116 117 98 95 78 85 82 74 71 75 58 65 56 62 50 36 43 51 26 30 32 38 42 17 19 22 24 29 19 22 1994 2016 1994 2016 Dividend (pence) 2
Slide 7: DCC TSR
DCC TSR Versus the FTSE 100 and FTSE 250 Since flotation (22 years) Last 10 years Last 5 years 5924% 521% 257% 126% 68% 768% 49% 26% 321% DCC FTSE 100 FTSE 250 DCC FTSE 100 FTSE 250 DCC FTSE 100 FTSE 250 Source: Datastream – as at 31 March 2016 6
Slide 8: Our Business: By Division
Our Business: By Division
Slide 9: DCC Energy
DCC Energy The leading oil and liquefied Volume Revenue Operating profit ROCE petroleum gas (“LPG”) sales, 12.7bn £7,515m £205.2m 24.4% Litres marketing and distribution business in Europe 11% • LPG distribution for heating, cooking, transport and industrial/agricultural processes Transport Fuels •
Slide 10: DCC Energy: Our Business
DCC Energy Our Business Volumes by geography Volumes by sector 8% 16% Britain LPG Europe Retail & Fuelcard 38% 54% 25% Ireland 59% Oil Customer Volumes Operating profit by sector 10% Commercial & Industrial 3% 20% 4% Retail LPG 11% 46% Domestic Retail & Fuelcard Agricultural 57% Marine 23% Oil 26% O
Slide 11: A Business of Scale
DCC Energy A Business of Scale Pro-Forma Business Statistics FY 2016 (inc. acquisitions announced) Volumes Customers Trucks Employees Facilities 14.4bn 1.3m 2,100 5,300 420 Litres Retail petrol sites operated (825) / supplied (1,900) Britain France Sweden 1,270 400 400 Austria Ireland Denmark 300 15
Slide 12: DCC Healthcare
DCC Healthcare A leading healthcare FY2016 business, providing products Revenue £490.7m and services to healthcare Operating profit £45.0m providers and health & ROCE 17.1% beauty brand owners Employees 2,054 FY16 sales by sector FY16 sales by geography 17% 32% UK Healthcare providers 11% Ireland Br
Slide 13: DCC Vital - What We Do
DCC Healthcare DCC Vital - What We Do Our Suppliers DCC Vital Sales and marketing of medical and pharmaceutical products to healthcare providers across all sectors of the Third party brand owners Own brand/licence products healthcare market in the UK & Ireland Our Services FY16 Gross Profit by produ
Slide 14: DCC Health & Beauty Solutions - What We Do
DCC Healthcare DCC Health & Beauty Solutions - What We Do Our Services DCC H&BS builds long term partnerships with international brand owners, providing specialist services incl. product development, formulation, manufacturing and packaging Product development, • Five high quality facilities produci
Slide 15: DCC Technology
DCC Technology FY2016 Leading route-to-market Revenue £2,442m partner for global consumer Operating profit £35.1m and SME technology brands ROCE 17.8% Employees 2,132 DCC Technology operates under the brand 350+ In the home 30,000+ Consumer industry customers leading In the office Retail, etail, & S
Slide 16: DCC Technology: At a Glance
DCC Technology At a Glance The obvious partner for a new supplier to access European Retail and SME markets DCC Technology delivers an industry-leading and innovative range of services and value-add solutions that enable our partners to access existing and new sales channels in the most effective ma
Slide 17: Strong Market Positions
DCC Technology Strong Market Positions DCC Technology Geography Market Position Current presence UK No. 1 Expansion plans Ireland No. 1 France No. 7 In the home Sweden No. 3 In the office Netherlands On the move Belgium UAE Others Spain Germany Norway Total Europe No. 4 Global supply chain capabilit
Slide 18: DCC Environmental
DCC Environmental Leading British & Irish provider FY2016 of recycling, waste management Revenue £153.5m and resource recovery services Operating profit £15.2m ROCE 11.7% Our Customers Employees 1,070 Commercial and industrial waste Public sector Construction and demolition waste Revenue Split Our S