Business services group DCC has reported pretax profits of €161.8 million for the year to the end of March, up more than 16 per cent on the previous year.
The company - which operates in 16 countries and employs more than 6,000 employees - said sales revenue grew by nearly 18 per cent to over €4 billion.
DCC said operating profit grew by 15.7 per cent to €143 million.
Chief executive Jim Flavin said: "DCC has budgeted for high single-digit operating profit growth for the financial year to 31 March 2008 and is well positioned to augment this growth through continued acquisition activity."