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DCC raises dividend amid resilience to Covid-19

While the liquefied petroleum gas business was hit by lower industrial and commercial demand, this was more than offset by cost-cutting efforts and an appetite for healthcare products
DCC raises dividend amid resilience to Covid-19

Despite Covid-19 disruption, DCC (DCC) continued to march forward in its “seasonally less significant” first half. The sales, marketing and support services group increased its adjusted operating profit by 8 per cent year on year in the six months to 30 September, to £176m, as weakness in its liquefied petroleum gas (LPG) business was offset by momentum elsewhere.

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