International potential for DCC

Fuels, healthcare and technology company DCC (LON:DCC) has a strong balance sheet but it will undoubtedly have been hit by COVID-19 lockdowns in recent months.

DCC reports its figures for the year to March 2020 on Tuesday 19 May. There may have been some effect from lockdowns in the period, but the announcement will be able to guide investors about the effect since the year end.

DCC has already reassured the market in February that trading was on course to produce figures in line with expectations. It has not made any other trading statements since then. Revenues will be slightly lower than the previous year at around £15bn. Pre-tax profit could improve from £415m to between £427m and £437m.

Peel Hunt expects earnings per share to edge up slightly to just over 358p, although other...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.