DCC said today that it continues to expect operating profit to rise about 5 per cent in the year to March 2011, and adjusted earnings to be "modestly ahead" of the prior year excluding currency swings.
In a trading update ahead of its AGM in Dublin today, the business services group said each of its five divisions traded ahead or in line with the previous period in the last quarter to the end of June.
The company said it was in a strong financial position to benefit from acquisition and development opportunities that arose.
Lat month, the company completed the sale of its mobility and rehabilitation business for €37 million to the Nasdaq-listed company Patterson Medical.
DCC has five divisions – energy, environment, entertainment, healthcare and food – employing 7,800 people across a range of countries.
In the last financial year, it generated sales of €6.7 billion with an operating profit of €192.8 million. DCC expects to announce interim results for six months on September 30th.