Marketing and distribution company DCC says the diversity of its business and its strong balance sheet put it in a good position to achieve growth despite less robust market conditions.
'The outlook in the current year is for continued growth,' DCC said in its annual statement.
DCC, which operates mainly in the IT, energy and healthcare markets in the UK and Ireland, said that in the five years to March 31 of this year, it had generated total shareholder returns of nearly 300%.
The company's acquisition of BP's oil marketing and distribution business in Scotland and northern England was nearing completion and would provide a platform for a significant business in Britain over time, it said.
DCC shares, which earlier this year came under some pressure from the general tech sector malaise - falling back from 12.40 euro in January - was at 11 euro by the close of business on Friday.
