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(Sharecast News) - Banknote printer De La Rue said on Thursday that trading for the financial year 2020/21 has been positive, with revenue and adjusted operating profit for the first half in line with its expectations.
Net debt at the half year was lower than expected, mainly due to the phasing of capital expenditure and positive working capital movements. Net debt for the full year is set meet the board's expectations, it said.
De La Rue will release its results for the six months to 26 September on 25 November.
26 Nov 2019 07:54
UPDATE 3-De La Rue warns on its future, scraps dividend to tackle debt
* Firm raises doubt over ability to continue as going concern* Shares fall by as much as 23%* Cuts dividend to tackle debt, speeds up restructuring (Adds detail on debt, credit score, analyst comment, graphic)By Yadarisa ShabongNov 26 (Reuters) - B...
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