Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — DPC Holdings PLC

Accession: 0001104659-26-093716

Filed: 2026-08-11

Period: 2026-08-11

CIK: 0002107018

SIC: 3360 (NONFERROUS FOUNDRIES (CASTINGS))

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tm2622505d2_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2622505d2_ex99-1.htm)

GRAPHIC (tm2622505d2_ex99-1img01.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: tm2622505d2_8k.htm · Sequence: 1

false

0002107018

00-0000000

0002107018

2026-08-11

2026-08-11

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED

STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

August 11, 2026

DPC Holdings PLC

(Exact name of Registrant as Specified in Its

Charter)

Jersey

001-43367

Not Applicable

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

2nd Floor, Donington Court, Pegasus Business Park,

Herald Way, Derby, United Kingdom

DE742UZ

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s

Telephone Number, Including Area Code: +44(0)115 663 0139

(Former Name or Former Address, if Changed Since

Last Report)

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of

the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.01 per share

DPC

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging

growth company x

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ¨

Item 2.02. Results of Operations and Financial Results.

The following information shall not be deemed "filed" for

purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference

in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference

in such a filing.

On August 11, 2026, DPC Holdings PLC (the “Company”)

issued a press release providing financial results for the second quarter ended June 28, 2026.

The press release, attached as an exhibit to this report, includes

"safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, as amended, indicating that certain

statements contained in the press release are "forward-looking" rather than historic. The press release also states that these

and other risks relating to the Company are set forth in the documents filed by the Company with the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description

99.1

Press

release issued by DPC Holdings PLC on August 11, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 11, 2026

/s/ Helen Barrett-Hague

Helen Barrett-Hague

Chief Legal and Corporate Affairs Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2622505d2_ex99-1.htm · Sequence: 2

Exhibit 99.1

August 11, 2026

DPC Holdings Reports

Strong Second Quarter 2026 Results

Record Revenue and Adjusted EBITDA

Initiates Full Year 2026 Guidance

Second Quarter 2026 GAAP Financial Results

· Revenue of $269 million, up 34% year over year.

· Strong year-over-year growth of 39% in Engine Products, up 49% in Europe

and 29% in North America, reflecting above market growth within Aero and IGT.

· Net loss of ($131) million, versus ($49) million in second quarter of 2025,

largely due to the Management Incentive Plan accrual, IPO expenses and award of a new incentive share scheme.

· Earnings per share of ($1.14) versus ($0.44) in the second quarter of 2025.

Second Quarter 2026 Adjusted Financial Results

· Adjusted EBITDA of $48 million, up 33% year over year.

· Adjusted EBITDA margin of 17.8%.

·

Segment adjusted EBITDA growth of 53% in Engine Products, up 54% in

Europe and 52% in North America, due to higher volumes and value-based pricing.

·

Segment adjusted EBITDA margin for Engine Products grew 210bps to 23.5%.

·

Adjusted net income of $6 million versus a net loss of ($11) million

in second quarter of 2025.

· Adjusted earnings per share of $0.05 versus ($0.10) in the second quarter

of 2025.

Key Announcements

· IPO and private placement proceeds repaid the Shareholder PIK Loan and ABL

revolving credit facility during the quarter, resulting in an unleveraged balance sheet. Post quarter end, we have also repaid the majority

of the term loan and all of the MIP with beneficiaries reinvesting and purchasing DPC Holdings stock.

· Fourth Strategic Customer Partnership signed with Aero OEM underpinning investment

into a new superalloy facility in Alabama.

· Moody’s Ratings upgraded DPC Holdings credit rating to Ba2 with positive

outlook on July, 28, 2026.

Summary Financial Results

Three months ended

Six months ended

June 28,

June 29,

June 28,

June 29,

(in $ millions, per share amounts in $)

2026

2025

Change

2026

2025

Change

Revenue

269

201

+34%

505

389

+30 %

GAAP measures

Net income/(loss)

(131 )

(49 )

(165 )%

(179 )

(103 )

(74 )%

Net income /(loss) margin

(48.8 )%

(24.6 )%

(2420 )bps

(35.3 )%

(26.3 )%

(900 )bps

Earnings per share

(1.14 )

(0.44 )

(0.70 )

(1.57 )

(0.91 )

(0.66 )

Adjusted (Non GAAP) measures(1)

Adjusted EBITDA

48

36

+33%

88

65

+35 %

Adjusted EBITDA margin

17.8 %

17.9 %(2)

(10 )bps

17.4 %

16.7 %

+70 bps

Adjusted net income/(loss)

6

(11 )

+152%

17

(18 )

+195 %

Adjusted earnings per share

0.05

(0.10 )

+0.15

0.15

(0.16 )

+0.31

(1) For more information see “Non-GAAP Financial Measures”

later in this release.

(2) The margin in second quarter 2025 benefited from price increases

that were backdated to the start of the financial year.

ST HELIER, Jersey, August 11 2026 - DPC Holdings PLC (NYSE:

DPC) (‘Doncasters’, ‘the Company’) reported financial results for the second quarter 2026. Doncasters reported

record second quarter 2026 revenue of $269 million, up 34% year over year, driven by growth in the Aerospace and IGT end markets of 47%

and 42% respectively. Within Engine Products, above market growth, product portfolio gains and metal cost inflation pass-through to customers

led to combined revenue growth of 39% with 49% and 29% in Europe and North America respectively.

Adjusted EBITDA in the quarter grew 33% compared

to the prior year’s quarter, with 53% growth from Engine Products, up 54% in Europe and 52% in North America. The adjusted EBITDA

margin of 17.8% was broadly in-line with the prior year’s second quarter despite the impact of metal cost inflation pass-through

which diluted the margin by 60 bps, higher corporate costs and increased loss from business held for sale. The segment adjusted EBITDA

margin for Engine Products grew 210bps year over year to 23.5%, reflecting operating leverage from higher volumes and execution of value-based

pricing.

Adjusted net income was $6 million, an improvement

from the ($11) million loss of the prior year quarter due to improved profitability with adjusted earnings per share of $0.05 versus the

prior year loss of ($0.10).

We had an adjusted net cash position

of $274 million at June 28, 2026 (cash and cash equivalents of $846 million less borrowings of $573 million). Transaction adjusted net

cash of $118 million reflects the inclusion of all the net proceeds of our IPO, greenshoe and private placements. Working capital increased

due to ongoing investment to support growth and higher metal cost inflation pass-through. Investment continued in our operations to accommodate

increased customer capacity requirements and our strategic customer partnerships.

Doncasters’ Chief Executive Officer Mike

Quinn said, ‘Doncasters’ continues to deliver strong growth with record levels of revenue, adjusted EBITDA and ongoing

adjusted EBITDA margin progression. We are transforming Doncasters from a supplier of individual components into a trusted strategic partner

for our customers, evidenced by a growing portfolio of differentiated strategic customer partnerships. During the second quarter we signed

a new partnership with an Aero OEM which included volume commitments to support the building of a new superalloy greenfield facility in

Alabama. We now have four partnerships with Aero and IGT OEMs, which are expected to deliver more than $200 million of incremental annual

revenue at an accretive margin, with customer-funded investment and volume commitments.

Full Year 2026 Outlook

Looking forwards, we expect ongoing

end market growth supported by strong structural long-term growth drivers and significant supply backlogs in our two major end markets

of Aerospace and IGT. In Aerospace we expect rising global air travel, fuel efficiency prioritization, lagging aircraft deliveries, and

aging fleets to drive multi-year demand for our engine components and other structural castings. In IGT, we expect increasing global electricity

demand together with the need for grid reliability and energy security to drive the demand for gas turbines to support growing power needs.

Our growth rate continues to exceed

the market as we deliver material value creation through our specialist manufacturing capabilities and strong customer focus, which are

driving larger portfolio-level awards, extended contracts with improved commercial terms and our strategic customer partnerships. We are

also delivering margin improvement through operating leverage on higher volumes, improved operational execution and pricing. We believe

that DPC Holdings is well positioned to deliver profitable growth and significant long-term value creation.

Full Year 2026 Guidance

(in $ millions, per share amounts in $)

Guidance range

Revenue(1)

$1,000m - $1,040m

Adjusted EBITDA(2)

$182m - $187m

(1) Including metal cost price inflation pass-through.

(2) The Company has not reconciled its full-year 2026 guidance related

to Adjusted EBITDA to its most directly comparable forward looking GAAP financial measure because such information is not available,

and management cannot reliably predict all of the necessary components of such GAAP measure without unreasonable effort or expense.

Conference Call and Webcast

DPC Holdings

will hold a conference call at 10:00 a.m. Eastern time on August 11, 2026 to discuss matters relating to this press release.

This will be led by Chief Executive Officer, Mike Quinn, and Chief Financial Officer, David Egan. The call will be webcast via www.ir.doncasters.com.

To participate, please register on https://events.q4inc.com/attendee/575045483.

A webcast replay will be available

on the News and Events page of our investor relations website following the webcast.

2

Segment Performance

Engine Products - Europe

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Third-party revenue

123.3

82.9

226.9

162.7

Inter-segment sales

-

-

-

-

Gross segment revenue

123.3

82.9

226.9

162.7

Adjusted cost of sales(1)

(85.7 )

(56.7 )

(156.7 )

(115.1 )

Adjusted selling, general and administrative expenses(1)

(4.4 )

(4.3 )

(10.3 )

(7.8 )

Other segment items(2)

(3.4 )

(2.5 )

(6.9 )

(5.5 )

Segment adjusted EBITDA(3)

29.8

19.4

53.0

34.3

Segment adjusted EBITDA margin(3)

24.2 %

23.4 %

23.4 %

21.1 %

(1) Cost of sales and selling, general and administrative expenses

have been adjusted to exclude depreciation and amortization, restructure and other reorganization costs, claims, settlements and litigation

costs, and the long-term management incentive plan. The adjusted cost of sales includes adjustments for inter-segment sales.

(2) Other segment items including research and development costs,

and corporate expenses recharges.

(3) Segment adjusted EBITDA margin is the quotient of Segment adjusted

EBITDA divided by Gross segment revenue. Segment adjusted EBITDA margin is calculated based on the exact segment adjusted EBITDA and

gross segment revenue and therefore may not calculate the same based off the rounded figures presented above.

Gross segment

revenue for the Engine Products - Europe segment increased $40.4 million, or 48.7%, in the three months ended June 28, 2026 compared

to the three months ended June 29, 2025, and increased $64.2 million, or 39.5%, in the six months ended June 28, 2026, compared

to the six months ended June 29, 2025, in each case, primarily due to output increase linked to the strong end market, including

OEM build rates. Adjusted cost of sales in both the three and six months ended June 28, 2026, increased broadly in proportion to

the increase in revenue compared to the three and six months ended June 29, 2025.

The increase in sales has dropped through

to segment adjusted EBITDA at 25.7% in the second quarter of 2026, and 29.1% in the six months ended June 28, 2026. This resulted

in an increase in segment adjusted EBITDA margin of 80 basis points in the second quarter 2026 compared to the second quarter 2025, and

an increase of 230 basis points in the six months ended June 28, 2026 compared to the six months ended June 29, 2025.

Capital expenditure is expected to

remain elevated, with additional investments in capacity expansions to accommodate increased customer demand and delivery of two IGT Strategic

Customer Partnerships.

Engine Products - North America

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Third-party revenue

97.4

70.9

184.8

132.0

Inter-segment sales

0.0

4.6

(0.2

)

9.4

Gross segment revenue

97.4

75.5

184.6

141.4

Adjusted cost of sales(1)

(68.3

)

(54.7

)

(128.5

)

(101.6

)

Adjusted selling, general and administrative expenses(1)

(2.7

)

(3.3

)

(6.5

)

(6.0

)

Other segment items(2)

(4.4

)

(3.0

)

(7.7

)

(6.3

)

Segment adjusted EBITDA(3)

22.0

14.5

41.9

27.5

Segment adjusted EBITDA margin(3)

22.6

%

19.2

%

22.7

%

19.4

%

(1) Cost of sales and selling, general and administrative expenses

have been adjusted to exclude depreciation and amortization, restructure and other reorganization costs, claims, settlements and litigation

costs, and the long-term management incentive plan. The adjusted cost of sales includes adjustments for inter-segment sales.

3

(2) Other segment items including research and development costs,

and corporate expenses recharges.

(3) Segment adjusted EBITDA margin is the quotient of Segment adjusted

EBITDA divided by Gross segment revenue. Segment adjusted EBITDA margin is calculated based on the exact segment adjusted EBITDA and

gross segment revenue and therefore may not calculate the same based off the rounded figures presented above.

Gross segment revenue for the Engine

Products - North America segment increased $21.9 million, or 29.0%, in the second quarter of 2026 compared to the second quarter

of 2025, and increased $43.2 million, or 30.6%, in the six months ended June 28, 2026 compared to the six months ended June 28,

2025, in each case, primarily attributable to increased output following investments in capacity increases. Our facility in Groton, CT,

is benefiting from the installation of new capital equipment as production continues to ramp up. Adjusted cost of sales for Engine Products

– North America in both the three and six months ended June 28, 2026, increased at a lower rate than the increase in revenue

compared to the three and six months ended June 29, 2025 reflecting the operational leverage impact of the revenue increase.

The increase in sales has dropped through

to segment adjusted EBITDA at 28.3% in the second quarter of 2026, and 27.3% in the six months ended June 28, 2026. This resulted

in an increase in segment adjusted EBITDA margin of 340 basis points in the second quarter 2026 compared to the second quarter 2025, and

an increase of 330 basis points in the six months ended June 28, 2026 compared to the six months ended June 28, 2025.

Segment adjusted EBITDA was $22.0 million,

up 51.7% year over year, driven by operating leverage from volume growth and value-based pricing.

Capital expenditure is expected to

remain elevated, with additional investments in capacity expansions to support market growth and our two Aero Strategic Customer Partnerships

including the building of a greenfield superalloy facility in Alabama.

Turbo Wheels

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Third-party revenue

48.0

47.1

93.6

94.3

Inter-segment sales

0.1

-

0.1

-

Gross segment revenue

48.1

47.1

93.7

94.3

Adjusted cost of sales(1)

(40.9 )

(38.9 )

(79.0 )

(79.1 )

Adjusted selling, general and administrative expenses(1)

(4.7 )

(4.2 )

(9.4 )

(7.6 )

Other segment items(2)

(0.9 )

(0.4 )

(2.0 )

(0.9 )

Segment adjusted EBITDA(3)

1.6

3.6

3.3

6.7

Segment adjusted EBITDA margin(3)

3.3 %

7.6 %

3.5 %

7.1 %

(1) Cost of sales and selling, general and administrative expenses have been adjusted to exclude depreciation

and amortization, restructure and other reorganization costs, claims, settlements and litigation costs, and the long-term management incentive

plan. The adjusted cost of sales includes adjustments for inter-segment sales.

(2) Other segment items including research and development costs, and corporate expenses recharges.

(3) Segment adjusted EBITDA margin is the quotient of Segment adjusted EBITDA divided by Gross segment revenue.

Segment adjusted EBITDA margin is calculated based on the exact segment adjusted EBITDA and gross segment revenue and therefore may not

calculate the same based off the rounded figures presented above.

Gross segment revenue for the Turbo

Wheels segment increased $1.0 million, or 2.1%, in the three months ended June 28, 2026 compared to the three months ended June 29,

2025, and decreased $0.6 million or 0.6% in the six months ended June 28, 2026 compared to the six months ended June 29, 2025,

largely due to lower revenue from Ivostud (business held for sale). Excluding Ivostud, revenue grew 8% in the three months ended June 28,

2026 and 5% in the six months ended June 28, 2026, with market share gain in a flat market and favorable mix changes.

Segment adjusted EBITDA decreased $2.0

million, or 55.6%, in the three months ended June 28, 2026 compared to the three months ended June 29, 2025, and decreased $3.4

million, or 50.7% in the six months ended June 28, 2026 compared to the six months ended June 29, 2025, primarily due to a loss

at Ivostud of $1.4 million and $1.3 million respectively.

Segment adjusted EBITDA margin decreased

approximately 430 basis points in the second quarter of 2026 compared to the second quarter of 2025 and decreased approximately 360 basis

points in the six months to June 28, 2026 compared to the six months ended June 29, 2025. Excluding Ivostud, segment adjusted

EBITDA margin was 8.0% in the three months ended June 28, 2026, a decrease of approximately 310 basis points compared to the second

quarter of 2025.

4

The following table reconciles Total Segment Adjusted EBITDA

to Net Loss for the periods presented.

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Segment adjusted EBITDA

53.4

37.5

98.2

68.5

Unallocated corporate expenses

(5.6

)

(1.5

)

(10.3

)

(3.5

)

One-time costs related to the IPO

(9.1

)

(0.1

)

(16.6

)

(0.3

)

Long-term management incentive plan

(129.5

)

(22.8

)

(142.9

)

(43.5

)

IT development project & others

(2.1

)

(1.1

)

(2.1

)

(1.9

)

Share-based compensation

(19.9

)

-

(19.9

)

-

Foreign currency gain, net

8.8

12.9

6.6

20.9

Reversal of write down of disposal group held for sale

-

3.1

-

3.1

Site closure and refinancing costs

0.1

(1.4

)

-

(1.4

)

Loss on disposal

(0.1

)

-

-

-

Claims, settlements and litigation costs

-

1.7

-

1.7

Interest expense(1)

(33.2

)

(55.4

)

(86.2

)

(107.5

)

Interest income

0.2

0.2

0.5

0.3

Depreciation and amortization

(7.4

)

(6.5

)

(14.8

)

(13.6

)

Income tax credit/(expense)

13.3

(16.0

)

9.0

(25.3

)

Net loss

(131.1

)

(49.4

)

(178.5

)

(102.5

)

(1) Interest expense includes Shareholder PIK Loan interest of $13.6 million and $34.6 million for the three months ended June 28,

2026 and June 29, 2025, respectively, and $53.6 million and $70.6 million for the six months ended June 28, 2026 and June 29,

2025, respectively.

5

About DPC Holdings

DPC Holdings (“Doncasters”)

is a leading independent manufacturer of complex, highly engineered precision cast components and nickel- and cobalt-based superalloys

primarily serving the high growth Aerospace and IGT end markets. We primarily manufacture products that operate across some of the most

in-demand aeroengine and gas turbine platforms, and through decades of operations, we have developed deep engineering expertise, technical

know- how, and a collaborative, customer-centric culture that provides solutions to our OEM customers’ most complex casting challenges.

Doncasters operates 14 advanced manufacturing facilities across North America, Europe, the United Kingdom and Asia, serving a broad blue-chip

client base worldwide and maintaining a leading position in specialist manufacturing and casting of superalloys.

Forward-Looking Statements

This press release contains forward-looking

statements. Many statements included in this press release that are not statements of historical fact, including statements about our

beliefs and expectations, are forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties,

some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “anticipate,”

“believe,” “continue,” “could,” “estimate,” “expect,” “intend,”

“may,” “might,” “objective,” “ongoing,” “plan,” “predict,” “project,”

“potential,” “should,” “will,” “would,” or the negative of these terms or other comparable

terminology. Forward-looking statements include, but are not limited to, statements about: the projected and/or anticipated future financial

performance of the Company and our specific businesses, including as delineated in our forward-looking guidance (including, without limitation

revenue, revenue growth rates and drivers, capital expenditures, metal pricing; earnings per share, and EBITDA); our market opportunity

and the potential growth of the market; our strategy, outcomes, and growth prospects; trends in our industry and end markets; the competitive

environment in which we operate; potential new products and product innovation; our expectations regarding future events, growth, growth

drivers, expansion or performance, including demand for our products and third-party relationships; historical results that may suggest

trends for our business; expectations of retaining and/or attracting new customers; expectations of beliefs regarding future events; and

assumptions underlying any of the items mentioned herein. We caution you that the foregoing list may not contain all of the forward-looking

statements made in this press release.

Some of the factors that could cause actual

results to differ materially from those expressed or implied by the forward- looking statements include: our failure to manage our

growth effectively and our ability to achieve and maintain profitability; our ability to grow revenue and expand our market share

across the Aerospace, IGT, and Transportation end markets; our ability to convert our firm order backlog into revenue at

anticipated build rates, and the risk that customer program delays, design changes, or cancellations could result in orders not

being converted at the times or volumes we currently expect; our ability to deliver incremental annual revenue in excess of

projections from our signed strategic customer partnerships when operating at full run rate; our ability to expand and deepen our

strategic customer partnerships with leading Aerospace and IGT OEMs, including the ability to secure additional partnerships beyond

those already signed; our ability to renew, renegotiate, and maintain our long-term agreements with key customers on commercially

acceptable terms as such agreements approach expiration; our ability to expand our capacity and bring new manufacturing capabilities

online on time and on budget, including through capital investments funded in part by our OEM customers; our ability to achieve and

sustain margin expansion through operating leverage, value-based pricing, and operational efficiency initiatives, and to approach

the margins of our larger industry peers over time; our expectation that volume growth will generate operating leverage and that

incremental revenue will convert to earnings at margin-accretive rates; our ability to grow aftermarket revenue in both our

Aerospace and IGT end markets as the installed base of engines and turbines we serve expands; our ability to obtain, maintain,

protect and enforce our intellectual property and similar proprietary rights; our ability to prevent system failures, cyberattacks,

and security breaches that may threaten the integrity of our intellectual property, networks, products and other sensitive

information, disrupt our business operations, and result in reputational harm and other negative consequences; our expectation that

our Turbo Wheels business will continue to serve as a significant source of cash generation to fund investment across our Aerospace

and IGT platforms; our ability to generate sufficient cash flow to fund continued organic investment and to pursue disciplined

acquisitions that accelerate our strategy; our ability to identify, consummate, and successfully integrate potential acquisitions;

our expectations regarding the growth of the Aerospace and IGT end markets and the demand super cycles we believe are driving those

markets; our expectations regarding OEM production rates, aircraft delivery volumes, and electricity demand growth and their effect

on demand for our products; our ability to attract, develop, and retain key management, engineering, and skilled manufacturing

personnel necessary to execute our growth strategy and capacity expansion program; our ability to service and manage our

indebtedness and maintain adequate liquidity; our expectations regarding the factors that will continue to affect our results of

operations, including macroeconomic conditions, foreign currency fluctuations, inflationary pressures, supply chain disruptions, and

movements in interest rates; our expectations regarding the use of the net proceeds from the IPO and the two concurrent private

placements; our intention not to pay cash dividends on our ordinary shares for the foreseeable future; our estimated total

addressable market across the Aerospace, IGT, and Transportation end markets; our inability to manage indebtedness, access

additional financing sources, or maintain liquidity; our ability to manage the transition to being a publicly traded company,

including the implementation of public company reporting, compliance and governance requirements, while simultaneously executing our

strategic growth and capacity expansion program; and the other factors set forth under “Risk Factors” detailed in the

Company’s Prospectus filed pursuant to Rule 424(b) under the Securities Act, as amended, which was filed with the U.S.

Securities and Exchange Commission (the “SEC”) on June 26,2026, as well as other filings we make with the Securities and

Exchange Commission. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking

statements contained in this press release may not occur.

6

The forward-looking statements made

in this press release relate only to events as of the date on which the statements are made. We undertake no obligation to update any

forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence

of unanticipated events. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements

and you should not place undue reliance on our forward-looking statements. We do not assume any obligation to update any forward-looking

statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Lucy Sharma

DPC Holdings Investor Relations

InvestorRelations@doncasters.com

7

Use of Non-GAAP Financial Measures

This press release contains non-GAAP

financial measures, such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net cash(debt), adjusted net income/loss, adjusted

earnings per share, and free cash flow. Reconciliations to the most directly comparable GAAP financial measures and management’s

rationale for the use of the non-GAAP financial measures can be found in the tables below. Other companies, including companies in our

industry, may calculate Non-GAAP financial measures, such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net cash/(debt),

adjusted net income/loss, adjusted EPS, and free cash flow differently or not at all, which reduces their usefulness as a comparative

measure. You should consider adjusted EBITDA, adjusted EBITDA margin, adjusted net cash/(debt), adjusted net cash/(debt) to adjusted EBITDA,

adjusted net income/(loss) and adjusted EPS along with other financial performance measures, including net income/ (loss), net cash from/(used)

in operating activities and total borrowings and our financial results presented in accordance with U.S. GAAP.

DPC

Holdings PLC

Table 1: Reconciliation of Net Loss to Adjusted

EBITDA and Adjusted EBITDA Margin (unaudited)

Adjusted EBITDA is a non-GAAP financial

measure that we define as net loss before interest income, interest expense, income taxes, depreciation and amortization, and further

adjusted for certain items that management believes are not indicative of our core operating performance, including site closure, refinancing,

and other re-organization costs, legal and professional fees incurred on refinancing of the senior debt facility, receipt of an insurance

claim, share-based compensation, management incentive plan expenses which are not expected to continue at the same level in future periods,

impairment of non-core assets held for sale or gains from remeasurements from the change in fair value of the disposal group, one-off

costs related to the IPO, costs incurred in relation to the development of an upgraded ERP system, and foreign currency gains and losses

that relate to our external and intra-Group financing structure. Adjusted EBITDA margin is defined as adjusted EBITDA divided by revenue.

The following table reconciles net

loss, the most directly comparable U.S. GAAP measure, to adjusted EBITDA and adjusted EBITDA margin for the periods presented:

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Net loss

(131.1

)

(49.4

)

(178.5

)

(102.5

)

Interest income

(0.2

)

(0.2

)

(0.5

)

(0.3

)

Interest expense(1)

33.2

55.4

86.2

107.5

Income tax expense/(credit)

(13.3

)

16.0

(9.0

)

25.3

Depreciation and amortization

7.4

6.5

14.8

13.6

One-time costs related to the IPO

9.1

0.1

16.6

0.3

Share-based compensation

19.9

-

19.9

-

Long-term management incentive plan(2)

129.5

22.8

142.9

43.5

IT development project and others

2.1

1.1

2.1

1.9

Foreign currency gain, net

(8.8

)

(12.9

)

(6.6

)

(20.9

)

Reversal of write down of disposal group held for sale

-

(3.1

)

-

(3.1

)

Site closure and refinancing costs

(0.1

)

1.4

-

1.4

Loss on disposal

0.1

-

-

-

Claims, settlements and litigation costs

-

(1.7

)

-

(1.7

)

Adjusted EBITDA

47.8

36.0

87.9

65.0

Revenue

268.7

200.9

505.3

389.0

Adjusted EBITDA margin

17.8

%

17.9

%

17.4

%

16.7

%

(1) Includes $53.6 million and $70.6 million of interest in respect of the Shareholder PIK Loan in the six months ended June 28,

2026 and June 29, 2025, respectively, and $13.6 million and $34.6 million for the three months ended June 28, 2026 and June 29,

2025, respectively. The total outstanding principal balance

was nil and $878 million, as of June 28 2026 and December 31, 2025, respectively. In December 2025, our shareholders unanimously

consented to reduce the outstanding principal balance of the Shareholder PIK Loan by 85%, which became effective on March 19, 2026.

Following completion of the IPO the Shareholder PIK Loan was repaid in full using a portion of the proceeds of the IPO.

(2) Relates to the non-cash MIP expenses which will not be incurred

going forward.

8

We present adjusted EBITDA and adjusted

EBITDA margin as supplemental performance measures because we believe they facilitate operating performance comparisons from period to

period and company to company by backing out potential differences caused by variations in capital structures (affecting interest expenses,

net and foreign currency gains and losses, net), tax positions (such as the impact on periods or companies of changes in effective tax

rates), non-cash charges resulting from depreciation of long-lived assets (affecting relative depreciation and amortization expense) and

other items that are not representative of core operating performance or items that we do not expect to continue at the same level in

future periods. We believe that adjusted EBITDA and adjusted EBITDA margin provide useful information to investors and others in understanding

and evaluating our operating results in the same manner as our management and board of directors. Nevertheless, this information should

be considered as supplemental in nature and is not meant as a substitute for net loss recognized in accordance with U.S. GAAP.

We understand that although adjusted

EBITDA and adjusted EBITDA margin are frequently used by securities analysts, lenders and others in their evaluation of companies, adjusted

EBITDA and adjusted EBITDA margin have limitations as an analytical tool and you should not consider it in isolation, or as a substitute

for analysis of our results as reported under U.S. GAAP.

9

DPC

Holdings PLC

Table 2: Reconciliation of Total Borrowings

to Adjusted Net Cash/(Debt) (unaudited)

Adjusted net cash/(debt) is a non-GAAP

financial measure we define as the sum of borrowings, current and non-current, or total debt, less the carrying amount of shareholder

loan facilities, and less cash and cash equivalents and restricted cash deposit. As of June 28, 2026, we have also adjusted net cash

to reflect transactions related to the IPO that didn’t occur until post the period end date. These include the MIP payment and associated

taxes that were crystalized as a result of the IPO and the Private Placements amounts, net of underwriters discount, that were paid or

received respectively until after the period end date. Adjusted net cash/(debt) to adjusted EBITDA is defined as adjusted net cash/(debt)

divided by adjusted EBITDA.

The following table reconciles total borrowings,

the most directly comparable U.S. GAAP measure, to adjusted net cash/(debt) and transaction adjusted net cash/(debt) to adjusted net EBITDA

for the periods presented:

($ in millions)

As of June 28,

2026

As of December 31,

2025

Borrowings, current

(483.3

)

(154.3

)

Borrowings, non-current

(89.4

)

(1280.4

)

Less: Shareholder PIK Loan

-

878.0

Less: Cash and cash equivalents and restricted cash deposit

846.4

32.1

Adjusted Net cash / (debt)

273.7

(524.6

)

Post close

Plus: MIP liability and associated tax

(210.9 )

-

Less: Outstanding Private Placement net proceeds

55.4

-

Transaction adjusted net cash / (debt) (1)

118.2

(524.6)

Last 12 months adjusted EBITDA

160.3

138.3

Transaction adjusted net cash / (debt) to adjusted EBITDA

0.7

(3.8 )

(1) The timing of the IPO meant that fund flows relating to the

MIP liability and outstanding Private Placement happened after June 28, 2026 but were contractual obligations at quarter end and

are shown in the transaction adjusted net cash position as reference point to the go forward position. See footnote 13 ‘Subsequent

Events’ in our 10-Q.

We present adjusted net cash/(debt)

and adjusted net cash/(debt) to adjusted EBITDA as a supplemental measure because we believe it provides information to management and

investors about our financial position. As at June 28, 2026 fund flows relating to the MIP liability and Private Placements had not

completed.

We present adjusted net cash/(debt)

and adjusted net cash/(debt) to adjusted EBITDA as supplemental measures because we believe they are key indicators of our financial leverage

and capital structure after all of the IPO related transactions had been settled, with two significant amounts occurring post the period

end date given the close proximity of the IPO and that date. As at December 31, 2025, we also adjusted net cash/(debt) to exclude

the payment-in-kind loan facility with a syndicate of financial institutions (the “Shareholder PIK Loan”) as it offered a

clearer picture of our third parties debt obligations that are typically subject to significant cash interest amounts. The Shareholder

PIK Loan ultimately being repaid using the proceeds from the IPO. Nevertheless, this information should be considered as supplemental

in nature and is not meant as a substitute for borrowings, current and non-current recognized in accordance with U.S. GAAP.

10

DPC Holdings PLC

Table 3: Free Cash Flow (Unaudited)

Free Cash Flow is a non-GAAP financial

measure that we define as net cash (used in)/from operating activities less purchases of property, plant and equipment. Management believes

free cash flow provides useful supplemental information regarding the Company’s ability to generate cash after investments in property,

plant and equipment that support ongoing operations.

The following table reconciles net

cash used in/provided from operations, the most directly comparable U.S. GAAP measure, to free cash flow for the periods presented.

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Net cash (used in)/from operating activities

(27.0

)

0.1

(34.0

)

21.5

Purchase of property, plant and equipment

(9.5

)

(6.7

)

(19.8

)

(10.5

)

Free cash flow

(36.5

)

(6.6

)

(53.8

)

11.0

We present free cash flow as a supplemental

performance measure because we believe that the investments in property, plant and equipment are necessary to maintain and expand the

Group’s asset base which will then generate future cash from operating activities. We believe that free cash flow provides useful

information to investors and others in understanding and evaluating our operating results and cash generation in the same manner as our

management and board of directors. Nevertheless, this information should be considered supplemental in nature and is not meant as a substitute

for net cash used in/from operations or net cash used in investing activities, recognized in accordance with U.S. GAAP. We note that free

cash flow does not include all mandatory cash outflows with other non-discretionary cash flows, such as the repayment of borrowings, not

included as part of free cash flow.

We understand that although free cash

flow is frequently used by securities analysts, lenders and others in their evaluation of companies, free cash flow has limitations as

an analytical tool and you should not consider it in isolation, or as a substitute for analysis of our results as reported under U.S.

GAAP.

11

DPC

Holdings PLC

Table 4: Reconciliation of Net Income/(Loss)

to Adjusted Net Loss and Adjusted Earnings/(Loss) Per Share (Unaudited)

Adjusted net income is a non-GAAP financial

measure that we define as net income/loss adjusted for certain items that management believes are not indicative of our core operating

performance, including site closure, refinancing, and other re-organization costs, legal and professional fees incurred on refinancing

of the senior debt facility, the loss on debt modification following the refinancing activity, receipt of an insurance claim, share-based

compensation, management incentive plan expenses which are not expected to continue at the same level in future periods, impairment of

non-core assets held for sale or gains from remeasurements from the change in fair value of the disposal group, one- off costs related

to the IPO, costs incurred in relation to the development of an upgraded ERP system, foreign currency gains and losses that relate to

our external and intra-Group financing structure, Shareholder PIK Loan interest expense and tax adjustments.

The following table reconciles net

loss, the most directly comparable U.S. GAAP measure, to adjusted net loss for the periods presented:

Three months ended

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Net loss

(131.1 )

(49.4 )

(178.5 )

(102.5 )

Site closure and refinancing costs

(0.1 )

1.4

-

1.4

One-time costs related to the IPO

9.1

0.1

16.6

0.3

Claims, settlements and litigation costs

-

(1.7 )

-

(1.7 )

Long term management incentive plan

129.5

22.8

142.9

43.5

IT development project and others

2.1

1.1

2.1

1.9

Share-Based Compensation

19.9

-

19.9

-

Reversal of write down of disposal group held for sale

-

(3.1 )

-

(3.1 )

Foreign currency gain, net

(8.8 )

(12.9 )

(6.6 )

(20.9 )

Shareholders PIK loan interest expense

13.5

35.3

53.6

71.4

Tax (credit)/charge relating to the above adjustments (1)

(28.5 )

(4.4 )

(32.6 )

(8.6 )

Adjusted net income/(loss)

5.6

(10.8 )

17.4

(18.3 )

Weighted average number of ordinary shares outstanding (basic and diluted)

114,539,294

112,936,824

113,751,488

112,936,824

Adjusted EPS

0.05

(0.10 )

0.15

(0.16 )

(1) The tax adjustment reflects the estimated tax impact of the

items included in the reconciliation between EPS and adjusted EPS. Pre-tax adjustments are tax-effected using a statutory/ normalized

tax rate so that adjusted EPS reflects the after-tax impact of the adjustments included in the reconciliation.

We present adjusted net income/(loss)

as a supplemental measure because we believe it provides information to management and investors about operating performance across reporting

periods on a consistent basis by excluding items that are not representative of core operating performance or items that we do not expect

to continue at the same level in future periods. Nevertheless, this information should be considered as supplemental in nature and is

not meant as a substitute for net income/(loss) recognized in accordance with U.S. GAAP. We understand that although adjusted net income/(loss)

is frequently used by securities analysts, lenders and others in their evaluation of companies, adjusted net income/(loss) has limitations

as an analytical tool and you should not consider it in isolation, or as a substitute for analysis of our net income/(loss) as reported

under U.S. GAAP. Limitations associated with using adjusted net income/ (loss) include that there may be additional adjustments in future

periods that may be excluded from the measure.

Management believes it is appropriate

to also consider net income/(loss) as the most comparable U.S. GAAP measure. Other companies, including companies in our industry, may

calculate adjusted net income/(loss) differently or not at all, which reduces their usefulness as a comparative measure. You should consider

adjusted net income/(loss) along with other financial performance measures, including net income/ (loss), and our financial results presented

in accordance with U.S. GAAP. We understand that although adjusted net income/(loss) are frequently used by securities analysts, lenders

and others in their evaluation of companies, adjusted net income/(loss) have limitations as an analytical tool and you should not consider

it in isolation, or as a substitute for analysis of our results as reported under U.S. GAAP.

12

DPC

Holdings PLC

Table 5: Adjusted Earnings Per Share (Unaudited)

Adjusted earnings/(loss) per share

is a non-GAAP financial measure that we define as loss per share adjusted for certain items that management believes are not indicative

of our core operating performance, including site closure, refinancing, and other re-organization costs, legal and professional fees incurred

on refinancing of the senior debt facility, the loss on debt modification following the refinancing activity, receipt of an insurance

claim, share-based compensation, management incentive plan expenses which are not expected to continue at the same level in future periods,

impairment of non-core assets held for sale or gains from remeasurements from the change in fair value of the disposal group, one-off

costs related to the IPO, costs incurred in relation to the development of an upgraded ERP system, foreign currency gains and losses that

relate to our external and intra-Group financing structure, Shareholder PIK loan interest expense and tax adjustments, all on a per share

basis.

The following table reconciles loss

per share, the most directly comparable U.S. GAAP measure, to adjusted earnings/(loss) per share for the periods presented:

Three months ended

Six months ended

(in $)

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Loss per share

(1.14

)

(0.44

)

(1.57

)

(0.91

)

Site closure and refinancing costs

-

0.01

-

0.01

One-time costs related to the IPO

0.08

-

0.15

-

Claims, settlements and litigation costs

-

(0.02

)

-

(0.01

)

Long term management incentive plan

1.13

0.20

1.26

0.39

IT development project and others

0.02

0.01

0.02

0.02

Share-Based Compensation

0.17

-

0.17

-

Reversal of write down of disposal group held for sale

-

(0.03

)

-

(0.03

)

Foreign currency gain, net

(0.08

)

(0.10

)

(0.06

)

(0.18

)

Shareholders PIK loan interest expense

0.12

0.31

0.47

0.63

Tax (credit)/charge relating to the above adjustments

(0.25

)

(0.04

)

(0.29

)

(0.08

)

Adjusted earnings/(loss) per share

0.05

(0.10

)

0.15

(0.16

)

We present adjusted earnings/(loss)

per share as a supplemental measure because we believe it provides information to management and investors about operating performance

across reporting periods on a consistent basis by excluding items that are not representative of core operating performance or items that

we do not expect to continue at the same level in future periods. Nevertheless, this information should be considered as supplemental

in nature and is not meant as a substitute for net loss per share recognized in accordance with U.S. GAAP. We understand that although

adjusted earnings/(loss) per share is frequently used by securities analysts, lenders and others in their evaluation of companies, adjusted

earnings/(loss) per share has limitations as an analytical tool and you should not consider it in isolation, or as a substitute for analysis

of our net loss per share as reported under U.S. GAAP. Limitations associated with using adjusted earnings/(loss) per share include that

there may be additional adjustments in future periods that may be excluded from the measure. Management believes it is appropriate to

also consider net loss per share as the most comparable U.S. GAAP measure. Other companies, including companies in our industry, may calculate

adjusted earnings/(loss) per share differently or not at all, which reduces their usefulness as a comparative measure. You should consider

adjusted earnings/(loss) per share along with other financial performance measures, including net loss per share, and our financial results

presented in accordance with U.S. GAAP. We understand that although adjusted earnings/(loss) per share are frequently used by securities

analysts, lenders and others in their evaluation of companies, adjusted earnings/(loss) per share have limitations as an analytical tool

and you should not consider it in isolation, or as a substitute for analysis of our results as reported under U.S. GAAP.

13

DPC

Holdings PLC

Table 6: Condensed Consolidated Statements of

Income (Loss) (Unaudited)

(in $ millions, except per-share and weighted-average share amounts)

Three months ended

Six months ended

June 28,

2026

June 29,

2025

June 28,

2026

June 29,

2025

Revenue

268.7

200.9

505.3

389.0

Cost of sales

(199.3

)

(150.4

)

(379.3

)

(296.3

)

Gross profit

69.4

50.5

126.0

92.7

Selling, general and administrative expenses

(189.6

)

(44.7

)

(234.4

)

(86.7

)

Interest expense

(33.2

)

(55.4

)

(86.2

)

(107.5

)

Interest income

0.2

0.2

0.5

0.3

Foreign currency gain, net

8.8

12.9

6.6

20.9

Reversal of write down of disposal group held for sale

-

3.1

-

3.1

Loss before income tax benefit/(expense)

(144.4

)

(33.4

)

(187.5

)

(77.2

)

Income tax benefit/(expense)

13.3

(16.0

)

9.0

(25.3

)

Net loss

(131.1

)

(49.4

)

(178.5

)

(102.5

)

Net loss per share

Basic

(1.14

)

(0.44

)

(1.57

)

(0.91

)

Diluted

(1.14

)

(0.44

)

(1.57

)

(0.91

)

Weighted-average shares outstanding

Basic

114,539,294

112,936,824

113,751,488

112,936,824

Diluted

114,539,294

112,936,824

113,751,488

112,936,824

14

DPC Holdings PLC

Table 7: Condensed Consolidated Balance Sheets

(Unaudited)

As of June 28,

As of December 31,

(in $ millions)

2026

2025

ASSETS

Current assets:

Cash and cash equivalents

846.4

32.1

Accounts receivables, less allowances for credit losses of $0 million and $0 million at June 28, 2026 and at December 31, 2025

199.7

155.8

Inventories

245.9

181.0

Prepayments and other current assets

95.6

41.7

Assets held for sale

18.7

20.2

Total current assets

1,406.3

430.8

Property, plant and equipment, net

229.7

221.3

Right-of-use assets, net

16.4

14.7

Deferred tax assets

59.4

44.1

Goodwill

76.8

78.3

Other intangible assets, net

88.7

95.5

Other noncurrent assets

9.7

10.4

Total assets

1,887.0

895.1

LIABILITIES AND EQUITY

Current liabilities:

Accounts payable, trade

138.6

105.6

Accrued expenses and other current liabilities

133.5

115.6

Liability for management incentive plan

185.3

132.0

Borrowings, current

483.3

154.3

Operating lease liabilities, current

4.6

2.0

Liabilities directly associated with the assets held for sale

6.4

5.9

Total current liabilities

951.7

515.4

Borrowings, non-current

89.4

1,280.4

Operating lease liabilities, non-current

12.2

13.7

Deferred tax liabilities

1.7

1.7

Pension liabilities, non-current

25.9

26.4

Other non-current liabilities

33.7

21.4

Total Liabilities

1,114.6

1,859.0

Commitments and contingencies (refer to Note 11)

Shareholders' equity/ (deficit):

Ordinary shares, nil par value 149,393,016 shares outstanding at June 28, 2026 and 112,936,824 at December 31, 2025;

1,132.0

-

Accumulated deficit

(1,114.7 )

(936.3 )

Additional paid in capital

794.3

-

Accumulated other comprehensive loss

(39.2 )

(27.6 )

Total shareholders' equity/ (deficit)

772.4

(963.9 )

Total liabilities and equity

1,887.0

895.1

15

DPC Holdings PLC

Table 8: Condensed Consolidated Cash Flow Statements

(Unaudited)

Six months ended

(in $ millions)

June 28,

2026

June 29,

2025

Cash flows from operating activities:

Net loss

(178.5

)

(102.5

)

Adjustments to reconcile net loss to net cash (used in)/from operating activities:

Depreciation of property, plant and equipment

9.6

9.0

Amortization of intangible assets and cloud computing arrangements

5.2

4.6

Deferred income tax (benefit)/expense

(15.8

)

13.3

Operating lease expense

0.9

1.7

Foreign currency gain, net

(6.6

)

(20.9

)

Impairment /(reversal) of asset held for sale

-

(2.9

)

Inventory provision

5.8

3.5

Management incentive plan

137.4

45.0

Non-cash interest expense

50.1

86.6

Share-based compensation

19.9

-

Change in operating assets and liabilities:

Receivable, prepayments and other current assets

(43.8

)

(27.0

)

Inventories

(69.4

)

(9.4

)

Income tax receivable and payable

0.4

8.0

Payables, accrued expenses and other liabilities

45.2

14.7

Deferred consideration

7.0

-

Operating lease assets and liabilities

(1.4

)

(2.2

)

Net cash (used in)/from operating activities

(34.0

)

21.5

Cash flows from investing activities:

Purchase of property, plant and equipment

(19.8

)

(10.5

)

Purchase of intangible assets

(0.4

)

(0.5

)

Net cash used in investing activities

(20.2

)

(11.0

)

Cash flows from financing activities:

Proceeds from borrowings

682.3

447.1

Repayment of borrowings

(819.4

)

(429.0

)

Net proceeds from initial public offering

1,009.1

-

Net cash provided by financing activities

872.0

18.1

Increase in cash and cash equivalents and restricted cash deposit

817.8

28.6

Effect of exchange rate fluctuations on cash and cash equivalents held

(3.5

)

14.5

Cash and cash equivalents and restricted cash deposit at beginning of period

32.1

32.4

Cash and cash equivalents and restricted cash deposit at end of period

846.4

75.5

16

DPC Holdings PLC

Table 9: Condensed Consolidated Cash Flow Statements

(Unaudited), continued

Six months ended

(in $ millions)

June 28, 2026

June 29,

2025

Reconciliation to consolidated balance sheet

Cash and cash equivalents

844.8

67.9

Restricted cash deposit

1.6

7.6

Total

846.4

75.5

Supplemental disclosures of cash flow information:

Income taxes paid

(6.3

)

(4.0

)

Interest paid

(35.7

)

(20.5

)

PIK Retirement

774.0

-

17

GRAPHIC

GRAPHIC

Filename: tm2622505d2_ex99-1img01.jpg · Sequence: 6

Binary file (2222 bytes)

Download tm2622505d2_ex99-1img01.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Cover

Aug. 11, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Aug. 11, 2026

Entity File Number

001-43367

Entity Registrant Name

DPC Holdings PLC

Entity Central Index Key

0002107018

Entity Tax Identification Number

00-0000000

Entity Incorporation, State or Country Code

Y9

Entity Address, Address Line One

2nd Floor, Donington Court

Entity Address, Address Line Two

Pegasus Business Park

Entity Address, Address Line Three

Herald Way

Entity Address, City or Town

Derby

Entity Address, Country

GB

Entity Address, Postal Zip Code

DE742UZ

City Area Code

+44

Local Phone Number

115 663 0139

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common stock, par value $0.01 per share

Trading Symbol

DPC

Security Exchange Name

NYSE

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 3 such as an Office Park

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine3

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

ISO 3166-1 alpha-2 country code.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCountry

Namespace Prefix:

dei_

Data Type:

dei:countryCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration