Ira Sohn London: Ross Turner, founder of Pelham Capital
Trade Idea: DCC
Price Target:
Valuation:
Ross Turner on oil distribution
Themes: Recently moved main listing to UK from Ireland. Distribution services group. Energy makes up majority of revenue. Strong record of earnings growth. Oil distribution (51%) and LPG is main part of energy division. Oil distribution of oil from tankers and import terminals to personal and commercial premises throughout the UK. 28 acquisitions across the UK to build wide distribution network. Market share 18% of the UK's...


