Dublin headquartered DCC has announced a 21% rise in its operating profit for the year to the end of March with all of its divisions recording "strong" profit growth. We expect that the coming year will be another year of profit growth and development for DCC," he added. The company said the increases reflected organic profit growth in the UK and Ireland and the benefit of the acquisitions of Hammer and CUC. Last month DCC said it was selling its Environmental division to private equity firm Exponent in a deal valued at £219m. He will be succeeded by Donal Murphy, executive director and managing director of DCC Energy, DCC's largest division.
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LONDON--Vodafone Group PLC (VOD.LN) on Tuesday set its sights on more profit gains in the current year after achieving its organic growth target for fiscal 2017. For 2018, Vodafone said it expects organic adjusted Ebitda to grow between 4% to 8%, implying a range of EUR14.0 billion to EUR14.5 billion. Vodafone raised its final dividend a share by 2% to 10.03 cents, up 2%, giving total dividends per share of 14.77 cents. Reported revenue for fiscal 2017, dropped 4.4% to EUR47.63 billion from the same period a year earlier. -Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
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TJX beats 1Q profit forecasts
The TJX Cos. Inc., parent of T.J. Maxx, Marshalls and other stores, reports financial results Tuesday, May 16, 2017. The TJX Cos. Inc., parent of T.J. Maxx, Marshalls, HomeGoods and other stores, reports financial results Tuesday, May 16, 2017. 16, 2017 9:15 amNEW YORK (AP) — A weak outlook overshadowed strong quarterly profit at TJX and facebook/" target="_blank">shares slid more than 3 percent at the opening bell Tuesday. The TJX Cos., which operates T.J. Maxx and Marshalls, also reported disappointing comparable-store sales, a key indicator of a retailer's health for industry analysts. (AP Photo/Sue Ogrocki) The Associated PressThis Monday, May 15, 2017, photo shows a T.J .Maxx store in Oklahoma City.LONDON--Vodafone Group PLC (VOD.LN) on Tuesday set its sights on more profit gains in the current year after achieving its organic growth target for fiscal 2017. For 2018, Vodafone said it expects organic adjusted Ebitda to grow between 4% to 8%, implying a range of EUR14.0 billion to EUR14.5 billion. Vodafone raised its final dividend a share by 2% to 10.03 cents, up 2%, giving total dividends per share of 14.77 cents. Reported revenue for fiscal 2017, dropped 4.4% to EUR47.63 billion from the same period a year earlier. -Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
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