DCC

Disposal of DCC Healthcare

  • Apr 22 2025, 11:26 IST/BST
  • Colin Grant
  • Company Report
  • 6 page(s)
  • Sectors : Business Support Services
  • Companies : DCC

Ratings and price correct at time of issue.

  • DCC

    Closing Price: 4980p

  • RATING 30/06/09

  • PREVIOUS RATING N/A

DAVY VIEW

DCC has announced the disposal of its Healthcare division for an EV of £1,050m, which is around 12x EV/EBITA. Significant shareholder returns are now expected. This simplifies the structure of the group and investor focus should now shift to the Energy division, which we believe is materially undervalued.

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Apr 22 2025, 11:26 IST/BST

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