DCC

Datalex remains hooked on financial support from billionaire backer Dermot Desmond

DCC said its operating profit rose 4.9% to £703m in year to the end of March, driven by its energy group

Dublin-based group moved in November to abandon its conglomerate roots to focus on energy

Conglomerate annodunced plans in November to focus on its energy division

Turnover at catering company was boosted by increased sales and the addition of some new contracts to the business

Iseq index flat as Ryanair adds 1% despite sluggish traffic growth

Company is selling off its healthcare division

It was a challenging year for some listed companies and a record year for CEO departures

Certa managing director Orla Stevens gave up on her dream of being a famous radio broadcaster, but now leads major fuel supplier

CEO Donal Murphy has continued the sell-off trend, announcing plans to exit two of DCC’s remaining businesses in healthcare and technology

Company plans to sell healthcare division, review options for technology business

Multimillion-euro deal set to beef up the conglomerate’s healthcare division

iPhone maker Apple recorded revenue of just under €200bn; while Google, Microsoft and Meta are all ranked in the top five

Iseq index adds 0.8%, outperforming European peers

Educational film forms part of ongoing efforts to keep the Dodder clean for wildlife and walkers, runners, cyclists and anglers

Renewable fuels ‘an important transition measure’ for decarbonisation of transport, Minister for State says

‘If you invested £100,000 30 years ago in DCC when we floated, you’d have £6.4 million in your back pocket today,’ says chief executive Donal Murphy

More than a third of group’s profits now come from businesses such as biofuels, solar panels and heat pumps

Irish support services group receives strong ‘buy’ recommendation from Deutsche Numis

Exits of heavyweights from Dublin stock market have triggered concern in the industry as to its future viability

Company says it expects full-year operating profit growth in line with expectations

Hotel group Dalata up 0.8% in Dublin as its share price climbed above pre-Covid levels for first time

The Iseq index moved 2.3% higher on the session

Group’s energy arm announces acquisition of Progas, a leading distributor of liquefied petroleum gas in Germany

Company is seeking mergers and acquisitions to advance goal of becoming leader in residential energy solutions

Sale of business led by Rory Godson could be worth as much as €57m, say reports

Decision follows a slew of more modest price cuts by rival energy providers since the start of September

Dublin-based conglomerate expects deals to add 'mid-teen' returns in first year

Growth helped offset fall in technology and healthcare units

Alternative Energy Ireland, which has been in operation since 2007, designs and installs renewable energy systems

Energy prices and acquisitions help boost growth at energy and services growth

Donal Murphy to give up day-to-day duties 'for the next few weeks’

Enva, a waste management group, was born out of €226m buyout of the environment division of DCC

Company’s shares have underperformed sector by 55% over past five years, says big investment bank

AIB-backed firm has invested more than €60m in Irish businesses in four years

Operating profit rose 13 per cent despite ongoing macroeconomic challenges

Irish company has agreed to buy PVO International, a Dutch distributor of solar panels, inverters, batteries and accessories

Deal valued at €245 million represents ‘largest acquisition to date’ for group’s healthcare arm

Dublin-based group operates across energy, healthcare and technology, and employs more than 15,400 people

Top 1000 ranking of firms by The Irish Times has Google, Microsoft and Meta among five largest by income