Business support services group DCC has reported a 29.7% increase in revenues and a 15% increase in adjusted operating profits for the six months to the end of September.
DCC said its revenues rose to £7.5 billion on a constant currency basis from £5.931 billion the same time last year, while its adjusted operating profits increased to £195.8m from £176.1m.
Its profit before tax was also higher - rising to £115m from £102.1m last year - in the seasonally less significant first half of the year.
DCC said all of its divisions - Healthcare, Technology, LPG and Retail & Oil - delivered growth, despite the global volatility in commodity pricing, supply chains and inflation.
The company said it was increasing its interim dividend by 7.5% to 55.85 pence per share.
Despite the adverse impact of currency translation and the significantly increased wholesale cost of energy products, DCC said it expects that the year ending March 2022 will be another year of strong operating profit growth and continued development activity, and in line with current market consensus expectations.
Donal Murphy, DCC's chief executive, said that each of DCC's four divisions delivered good growth, underlining the resilience of its business model and its ability to adapt to the very volatile macro environment.
"Sustainability is core to how we do business, and we continue to make good progress across each of our four sustainability pillars, including within energy transition," Mr Murphy said.
He said the company has developed a number of new partnerships with energy suppliers, bringing innovative and lower-carbon solutions to its customers.
"DCC is well positioned to lead our customers through their energy transition. With the strength of our market positions and an active acquisition pipeline, DCC has the capability and financial strength to continue the growth and development of the group across the energy, healthcare and technology sectors," the CEO added.
