Tag: DCC

DCC sees a better life this year

Posted on November 10, 2021 by - News

Exertis parent DCC has issued an interim report showing that the business continues to improve.

The group, which operates in technology, healthcare and the oil and LPG market, overall saw its revenues improve by 26.8 percent to £7.518 billion from £5.931 billion in the equivalent period last year.

DCC Technology saw improved revenues, up 6.5 percent to £27.2 million from £25.5 million for the six months ended 30 September 2021. Operating profits were also up by 6.5 percent to £27.2 million and operating margin improved to 1.4 percent from 1.3 percent.

Former Dell EMC UK CEO joins DCC

Posted on July 13, 2018 by - Moving People, News

6v6rdBfd_400x400Former Dell EMC UK chief exec Tim Griffin has joined Exertis parent DCC to head up the firm’s tech division.

Griffin will be responsible for the “strategic direction” of DCC Technology, which trades as Exertis and report to DCC CEO Donal Murphy.

Griffin  left his role as Dell EMC’s UK CEO in November 2016.

In a statement he said: “We have all the foundations in place and the support of DCC to take this amazingly vibrant and successful company to the next level. People make the difference in business and we have very talented and driven teams across our diverse range of technologies. I am looking forward to leading and inspiring these teams to even greater success in the future by broadening our reach and ensuring that our customers and people are our key priorities.”

DCC CEO Murphy added: “This is a key appointment and I am delighted that Tim has accepted the challenge and opportunity to grow our technology distribution business and expand our presence in new and existing territories. He brings extensive international experience and expertise with an emphasis on customer relationships, and a history of creating highly engaged teams aligned to strong company values. I am confident that with the great management we have in place and Tim’s leadership qualities, we have an exciting future ahead.”

Exertis sees revenue top £3 billion

Posted on May 17, 2018 by - News

pnw__1431353265_Exertis_CGI_Burnley_Bridge_BusExertis is reporting a £3 billion revenue and market share gains in the audiovisual, gaming and components spaces.

For the year ending 31 March 2018, DCC Technology, which trades as Exertis, saw revenue climb 14.7 percent year on year to £3.08 billion while operating profit was up 16.3 percent to £47.8 million.

Parent DCC, which plays in some other spaces including oil and healthcare, saw revenue increase 16.3 percent year on year to £14.3 billion (excluding the contribution from DCC Environmental, which was sold in May 2017).

Exertis also highlighted the contributions from recently acquired organisations MTR and Hypertec which helped the bottom line.

In an earnings report DCC said: “In the UK, DCC Technology’s largest market, the business achieved very strong revenue and profit growth, driven by market share gains and growth in key product categories including audiovisual, components and gaming.

“The business continued to invest in both its product and service capability to allow it to take advantage of growth opportunities in audiovisual, home automation, enterprise software and consumer product solutions.

“Hammer, acquired in December 2016, achieved strong growth in sales of server and storage products into key markets, including the datacentre market.

“The acquisition of MTR in July 2017 has allowed DCC Technology to enhance its service offering in the mobile market, strengthening its relationships with key vendor and retail partners. The business has performed very strongly since acquisition and provided a platform to extend its service offering outside the UK.”

DCC also said that Exertis’ new UK distribution centre is operational, with most of its original warehousing now sold off.

It added that the Irish arm of the business delivered “strong organic growth”, while the French business is looking to “significantly reduce costs”, with its conditions for its consumer products business remaining “very challenging”.