DCC Regulatory News (DCC)

12 February 2015

DCC plc

Interim Management Statement

DCC Reiterates Full Year Guidance

DCC plc, the international sales, marketing, distribution and business support services group, is issuing this Interim Management Statement in accordance with the reporting requirements of the Transparency Regulations 2007.

Third Quarter ended 31 December 2014

Group operating profit in the third quarter ended 31 December 2014 was ahead of the prior year. There was good growth in operating profit in each of DCC Technology, DCC Healthcare, DCC Environmental and DCC Food & Beverage while DCC Energy performed in line with the prior year.

In DCC Energy, both volumes and margins were held back by the milder weather conditions across Northern Europe. In the UK, DCC Energy's largest market, temperatures in each of October, November and December were above the ten year average, continuing a trend of milder than normal weather experienced in the first half.

Operating profit in DCC Technology, the Group's second largest division, was ahead of the prior year, in what is the most important trading quarter for the division. Revenue growth was modest reflecting the anticipated lower sales of tablets and mobile phones, although this was offset by a strong performance in PC's and servers, an improved performance in France and the impact of the CapTech acquisition.

DCC Healthcare traded well ahead of the prior year, benefiting from continued strong growth in DCC Health & Beauty Solutions and the benefit of first time contributions from Williams Medical, acquired in May 2014, and Universal Products Manufacturing, acquired in January 2014.

Operating profit in DCC's two smaller divisions, DCC Environmental and DCC Food & Beverage, was ahead of the prior year.

Year to 31 March 2015

The quarter to 31 March is a significant trading quarter for the Group and is heavily influenced by trading in DCC Energy. In January, temperatures in the UK were colder than the prior year and modestly colder than the ten year average and overall trading for the Group was in line with expectations.

The Group's full year guidance continues to be set against the assumption that there will be normal weather conditions for the remainder of the year. On this basis, DCC reiterates its expectation that the year to 31 March 2015 will show growth in operating profit and adjusted earnings per share in the range of 5% - 10%.

Development Activity

The formal purchase agreement to acquire the assets that comprise the Esso Express unmanned retail petrol station network and the Esso Motorway concessions in France has now been signed, following the conclusion of the French Works Council consultation process. The work required to develop the IT and operational infrastructure necessary to complete this transaction is on schedule.

In November 2014, DCC Healthcare acquired Beacon Pharmaceuticals Limited in a transaction based on an enterprise value of up to £10 million. Beacon is a niche pharma business which markets and sells its own licensed and third party pharma products primarily to the hospital sector in the UK.

Total committed acquisition expenditure in the nine months to 31 December 2014 was £156 million. The cash outflow on acquisitions, inclusive of a net movement in deferred and contingent acquisition consideration, was £117 million.

The previously announced disposals of Allied Logistics and a related property have now been completed. In addition, the previously announced disposal of Robert Roberts and Kelkin is expected to complete prior to 31 March 2015. The aggregate consideration from these disposals is expected to be approximately £52 million (€70 million).

DCC remains in a very strong financial position which leaves it well placed to continue the development of its business in existing and new geographies. DCC remains active on the acquisition front.

Final Results

DCC expects to announce its results for the year to 31 March 2015 on Tuesday 19 May 2015.

For reference:

Tommy Breen, Chief Executive

Fergal O'Dwyer, Chief Financial Officer

Stephen Casey, Investor Relations Manager

Telephone: +353 1 2799400

Email: investorrelations@dcc.ie

Web: www.dcc.ie

Forward-looking statements

This announcement contains some forward-looking statements that represent DCC's expectations for its business, based on current expectations about future events, which by their nature involve risk and uncertainty. DCC believes that its expectations and assumptions with respect to these forward-looking statements are reasonable, however because they involve risk and uncertainty as to future circumstances, which are in many cases beyond DCC's control, actual results or performance may differ materially from those expressed in or implied by such forward-looking statements.

About DCC plc

DCC plc is an international sales, marketing, distribution and business support services group headquartered in Dublin with operations in Britain, Continental Europe and Ireland. DCC has five divisions - DCC Energy, DCC Technology, DCC Healthcare, DCC Environmental and DCC Food & Beverage. In its last financial year ended 31 March 2014, DCC generated revenues of £11.2 billion and operating profits of £208 million and currently employs approximately 10,500 people in 13 countries. DCC's shares are listed on the London Stock Exchange and are included in the FTSE All-Share Index and the FTSE 250 Index under Support Services.