DCC (CDI) (DCC)

Sector:

Support

Index:

FTSE 100

5,760.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 5,826.00
  • 52 Week Low: 4,171.00
  • Currency: UK Pounds
  • Shares Issued: 98.85m
  • Volume: 154,220
  • Market Cap: £5,694m
  • RiskGrade: 130

DCC acquires PVO International for undisclosed sum

By Iain Gilbert

Date: Tuesday 27 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Sales and marketing firm DCC has agreed to acquire PVO International, a distributor of solar panels, invertors, batteries and accessories used in the commercial, industrial and domestic energy sectors across continental Europe.
DCC said on Tuesday that the acquisition of PVO was "an excellent strategic fit" for the group, leveraging its market position in the fast-growing solar PV market.

While no financial terms of the deal were disclosed, DCC stated that in the period since its results announcement in May, it has now committed roughly £80.0m to acquire renewable energies and services businesses.

The AIM-listed group also noted that the majority of the consideration for PVO was payable in cash on completion, followed by earn-out payments over three years based on the business' future trading.

Chief executive Donal Murphy said:"A key part of DCC Energy's strategy in accelerating the net zero journey of our customers is to build a strong position in the sales, marketing and distribution of renewable energy products and services.

"We have already made good progress in recent years and PVO provides an excellent platform to build a pan-European business in the distribution of solar PV and associated products, such as energy storage and EV chargers."





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DCC (CDI) Market Data

Currency UK Pounds
Share Price 5,760.00p
Change Today -8.00p
% Change -0.14 %
52 Week High 5,826.00
52 Week Low 4,171.00
Volume 154,220
Shares Issued 98.85m
Market Cap £5,694m
RiskGrade 130

DCC (CDI) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.23% below the market average79.23% below the market average79.23% below the market average79.23% below the market average79.23% below the market average
51.11% below the sector average51.11% below the sector average51.11% below the sector average51.11% below the sector average51.11% below the sector average
Price Trend
33.71% below the market average33.71% below the market average33.71% below the market average33.71% below the market average33.71% below the market average
48.51% above the sector average48.51% above the sector average48.51% above the sector average48.51% above the sector average48.51% above the sector average
Income
27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average
1.54% below the sector average1.54% below the sector average1.54% below the sector average1.54% below the sector average1.54% below the sector average
Growth
27.00% above the market average27.00% above the market average27.00% above the market average27.00% above the market average27.00% above the market average
14% below the sector average14% below the sector average14% below the sector average14% below the sector average14% below the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 1
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DCC (CDI) Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 25-May-23
Paid 15-Dec-23 20-Jul-23
Amount 63.04p 127.17p

Trades for 28-Mar-2024

Time Volume / Share Price
16:37 5,000 @ 5,763.00p
16:35 103,525 @ 5,760.00p
16:35 518 @ 5,760.00p
16:35 518 @ 5,760.00p
16:35 143 @ 5,760.00p

DCC (CDI) Key Personnel

CEO Donal Murphy
CFO Kevin Lucey

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