DCC (DCC.L, DCC LN)
DCC is a marketing, distribution and support services company operating in four sectors: LPG, Retail and Oil, Technology and Healthcare. Its trading activities are principally in Europe, but it has recently moved into the US and Asia, comprising 14% and 4% of group invested capital respectively. The group's objective is to continue building a growing, sustainable and cash-generative business that consistently provides returns on total capital employed significantly ahead of its cost of capital. Management has an excellent track record in delivering earnings growth and managing through economic cycles.
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