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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 97.80

Bid: 97.40

Ask: 98.80

Change: -0.20 (-0.20%)

Spread: 1.40 (1.437%)

Open: 95.00

High: 97.80

Low: 95.00

Prev. Close: 98.00

DLAR Live Price

Last checked at -

De La Rue eyes interim adjusted profit ahead of prior guidance

Fri, 06th Oct 2023 11:34

(Alliance News) - De La Rue PLC on Friday that it expects its adjusted operating profit in the first half of the financial year ending March 30 to be "marginally ahead" of previous guidance of "broadly break even".

For the full-year, the security printed products maker expects its adjusted operating profit to in the "low GBP20 million range" in line with its previous guidance.

It added that net debt for the full-year is expected to be "marginally better" than previous guidance, in the "mid-GBP90 million range."

De La Rue will release its interim results on December 19.

Shares in the firm were up 4.1% at 62.95 pence on Friday morning in London.

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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