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Pin to quick picksDe La Rue Share News (DLAR)

Share Price Information for De La Rue (DLAR)

London Stock Exchange
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Share Price: 100.50
Bid: 99.20
Ask: 101.50
Change: 2.50 (2.55%)
Spread: 2.30 (2.319%)
Open: 99.80
High: 102.50
Low: 97.40
Prev. Close: 98.00
DLAR Live PriceLast checked at -

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De La Rue lifts half-year profit outlook

Fri, 06th Oct 2023 07:50

(Sharecast News) - Banknote printer De La Rue said on Friday that first-half adjusted operating profit was set to be "marginally ahead" of previous guidance, as it backed its expectations for the full year.

In an update for the year to the end of September, De La Rue said it also now expects net debt to be better than previous guidance, in the low £80m range.

The company had previously guided to adjusted operating profit in the low £20m range for the full year, and broadly break even for the first half. It had also said net debt would rise to around £100m at both half and full year.

Interim results are due on 19 December.

At 0805 BST, the shares were up 3.3% at 62.50p.

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25 Feb 2020 09:16

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25 Feb 2020 08:03

UPDATE 2-Banknote printer De La Rue pins turnaround on paper-to-polymer shift

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25 Feb 2020 08:03

UPDATE 1-De La Rue shifts focus to polymer notes in hopes of faster turnaround

(Adds detail on turnaround plan, debt, background)Feb 25 (Reuters) - De La Rue said on Tuesday it plans to invest more in polymer notes and rein in costs at its currency division, as the struggling banknote printer tries to improve margins as part...

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25 Feb 2020 08:03

UPDATE 1-De La Rue shifts focus to polymer notes in hopes of faster turnaround

(Adds detail on turnaround plan, debt, background)Feb 25 (Reuters) - De La Rue said on Tuesday it plans to invest more in polymer notes and rein in costs at its currency division, as the struggling banknote printer tries to improve margins as part...

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25 Feb 2020 07:23

De La Rue unveils cost-cutting plans, reaffirms profit outlook

Feb 25 (Reuters) - De La Rue said on Tuesday it plans to rein in costs at its currency division and invest more in polymer notes, as the struggling banknote printer tries to improve margins as part of a three-year turnaround plan.The company, whic...

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17 Feb 2020 07:38

PRESS: De La Rue Preparing For Crunch Talks With Banking Syndicate

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De La Rue Hires Co-op Insurance Interim CFO Rob Harding As CFO

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10 Feb 2020 14:20

De La Rue appoints Rob Harding as interim chief financial officer

Feb 10 (Reuters) - De La Rue said on Monday that Rob Harding has been appointed as interim chief financial officer, effective March 9.De La Rue, which prints around seven billion banknotes and 15 million passports a year, said that Harding is not ...

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De La Rue Finance Chief Helen Willis Departs On Mutual Agreement

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