DCC PLC (FRA:DCC)

€ 58 -0.5 (-0.85%) Market Cap: 5.76 Bil Enterprise Value: 7.20 Bil PE Ratio: 14.63 PB Ratio: 1.58 GF Score: 83/100

DCC PLC to Acquire Medi-Globe Technologies GmbH Call Transcript

Sep 08, 2022 / 08:00AM GMT

Release Date Price: €54.5 (-0.91%)

Transcript

Operator

Good morning, and welcome to today's DCC plc Healthcare webcast for September 2022. My name is Bailey, and I will be your moderator for today's call. (Operator Instructions) I would now like to pass the conference over to our host, Donal Murphy. So please go ahead when you're ready.

Donal Murphy

DCC plc - CEO & Executive Director

Thank you, Bailey. Good morning, and welcome. I'm Donal Murphy, Chief Executive of DCC. And I'm joined on the call this morning by Kevin Lucey, our CFO; and by Conor Costigan, Managing Director of our Healthcare division.

Thank you for joining us this morning on this very exciting day for DCC as we announced the significant expansion of DCC Healthcare in the medical devices sector through the acquisition of Medi-Globe Group. This is DCC Healthcare's largest acquisition to date and creates a scale platform in the European medical devices sector.

Thankfully, I don't have to read the disclaimer this morning. So firstly, let me give you a quick reminder of our group strategy and our capital allocation priorities.

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