DCC plc, parent firm of Exertis (which consists of distributors such as Exertis Micro-P, Exertis Gem and Exertis MSE), expects ‘strong growth’ in its IT distribution business.
In its Interim Management Statement, DCC said it expects overall growth in both operating profit and adjusted earnings per share to be in the range of seven to ten per cent for the year ending March 31st 2014.
During its third financial quarter ending December 31st 2013, overall group operating profit was ahead of the prior year, driven primarily by ‘strong growth’ in DCC SerCom (Exertis) and DCC Healthcare.
Operating profit in DCC SerCom, the group’s second largest division, was ‘strongly ahead’ of the prior year.
"The division generated strong revenue growth, driven by mobile computing and communications products in Britain," said DCC in a statement.