DCC has announced pre-tax profits of euro 37.2 million for the six months that ended in September, an increase of 15.9 per cent on the year.
According to the figures released this morning, turnover for the period was euro 925.6 million, up 12.5 per cent on the same period last year, and profits after tax and minorities was euro 29 million, up 19.3 per cent.
Speaking at the publication of the figures this morning, Mr Jim Flavin, chief executive and deputy chairman of DCC, said: "This was an excellent result driven principally by organic growth and, in the context of an increasingly difficult economic climate, we expect to achieve very good growth for the full year".
DCC's IT division, operating as SerCom, achieved "an excellent result in a very difficult market", with "particularly good" growth in software and in computer storage products. Overall profits were up 13.1 per cent.
The group's energy division saw profits rise 44.3 per cent due to increased volumes and more stable oil prices. Healthcare saw profits up 8.4 per cent with rising profits in hospital supply and mobility and rehab services.
"DCC’s balanced business model leaves it well positioned to continue to achieve excellent long-term shareholder returns and, in conditions of an increasingly difficult economic climate, to achieve very good growth for the full year," he said.