Just to confuse you :
You could also use lcd.write (223).
As it's only a print, you'll still be at the same line.
So you can send the "C" after that and it will appear next to the degree symbol.
lcd.println (value) will go to the next line after it has printed the value.
So yes, it would be like you posted (but without the indents).
The '\x' says that a hexadecimal code follows. The 'DF' is the hexadecimal equivalent of 223. You have to separate the \x in speech marks in order to stop the 'C' being detected as a part of the hex code.