DCC, the Irish distie conglomerate, had its AGM yesterday. It says it's too soon since the last announcement in May to add much to market guidance, but it is "pleased with trading results in the first quarter and in particular the continuing pick up in the results of DCC SerCom", its IT wholesaling arm.

DCC is a big player in the UK and Ireland channel scene, through its Sharptext, Micro-P and Gem Distribution subsidiaries. Sales in the last financial year ended 31 March 2006 were crap in the first half - the group blamed price deflation - put picked up in the second half. ®