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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: 98.00
Bid: 97.20
Ask: 98.00
Change: 1.80 (1.87%)
Spread: 0.80 (0.823%)
Open: 93.40
High: 98.00
Low: 93.40
Prev. Close: 96.20
DLAR Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

Mon, 17th Apr 2023 10:23

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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De La Rue PLC, up 7.9% at 43.15 pence, 12-month range 33p-118.8p. The stock bounces off recent lows. The security printed products maker said late Friday that Chair Kevin Loosemore has resigned to "draw a line under recent speculation surrounding the leadership of the company". He will leave on May 1. The firm has launched an "accelerated" search for his replacement, with the aim of appointing a new non-executive chair on May 2. Pepyn Dinandt, who has been nominated by shareholder Crystal Amber Fund Ltd and has indicated his willingness to be chair, will be a candidate in this process, De La Rue says. Loosemore has faced several calls to be removed from the board in recent months from Crystal Amber Fund, which has publicly criticised the firm for various alleged failures in governance and management.

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888 Holdings PLC, rise 2.4% at 76.50p, 12-month range 50.5p-220p. The gambling company's chair, Jon Mendelhson, buys 100,000 shares at 68.4p each, worth GBP68,4000 on Friday. Shares in the Gibraltar-based online betting and gaming company added 20% on Friday, after it said annual revenue was GBP1.24 billion in 2022, up 74% from GBP712.3 million in 2021, but it swung to a pretax loss of GBP115.7 million from a profit of GBP56.0 million, due to exceptional costs and adjusting items of GBP184.8 million. However, adjusted earnings before interest, tax, depreciation and amortisation amounted to GBP217.9 million, up from GBP119.7 million. Looking ahead, 888 said it expects 2023 revenue to be lower than 2022 by a low to mid-single-digit percentage, but adjusted Ebitda to be higher.

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SMALL-CAP - LOSERS

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Superdry PLC, down 1.4% at 87.7p, 12-month range 82.6p-184.4p. The clothing retailer extends Friday's losses, when it shed 17%. It withdrew its existing guidance of "broadly breakeven" adjusted pretax profit in the year ending April 30, compared to a profit of GBP21.9 million in financial 2022. This was, in part, due to retail sales in February and March, which were below its expectations

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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11 Jun 2024 16:01

UK earnings, trading statements calendar - next 7 days

Wednesday 12 June 
Castings PLCFull Year Results
Molten Ventures PLCHalf Year Results
RWS Holdings PLCHalf Year Results
Safestore Holdings PLCHalf Year Results
Thursday 13 June 
Crest Nicholson PLCHalf Year Results
Fuller, Smith & Turner PLCFull Year Results
Halma PLCFull Year Results
Motorpoint Group PLCFull Year Results
Norcros PLCFull Year Results
Origin Enterprises PLCTrading Statement
PayPoint PLCFull Year Results
Virgin Money UK PLCHalf Year Results
Wise PLCFull Year Results
Friday 14 June 
Tesco PLCTrading Statement
Monday 17 June 
Monks Investment Trust PLCFull Year Results
Tuesday 18 June 
Ashtead Group PLCFull Year Results
De La Rue PLCFull Year Results
Global Smaller Cos Trust PLCFull Year Results
Intercede Group PLCFull Year Results
Oxford BioDynamics PLCHalf Year Results
Tatton Asset Management PLCFull Year Results
Telecom Plus PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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31 May 2024 09:15

LONDON BROKER RATINGS: RBC raises Centrica; Citigroup says buy BHP

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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30 May 2024 13:51

IN BRIEF: De La Rue extends two contracts; in talks for its divisions

De La Rue PLC - Hampshire, England-based banknote and security document printer - Reports positive momentum in both its Authentication and Currency divisions with a number of significant recent contract wins and renewals. Says there is no change to its previous guidance for the financial year that ended March 30. This was for adjusted operating profit in the "low GBP20 million" range and would represent a decline from financial 2023's GBP27.8 million. De La Rue on Thursday also says it has reached agreement with two existing Government Revenue Solutions customers that it doesn't name. The three- and five-year extensions, respectively, of existing contracts are to supply a digital tax stamp solution to track and trace excisable products. Says the two renewals have a total contract value in excess of GBP150 million.

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30 May 2024 10:04

SMALL-CAP WINNERS & LOSERS: De La Rue rises on "positive momentum"

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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30 May 2024 09:00

LONDON MARKET OPEN: Auto Trader shines as results impress shareholders

(Alliance News) - Stock prices in London were treading water early Thursday, with investors nervously eyeing some key US economic data.

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30 May 2024 07:37

De La Rue in talks over potential sale of divisions

(Sharecast News) - Banknote maker De La Rue said on Thursday that it was delaying the publication of its full-year results as it is currently in talks with a number of parties who have made proposals or expressed an interest in buying either of its divisions.

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22 May 2024 11:03

SMALL-CAP WINNERS & LOSERS: De La Rue up again; Regional REIT falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

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17 Apr 2024 11:23

De La Rue says yearly profit to be in line with expectations

(Alliance News) - De La Rue PLC on Wednesday said it expects yearly profit to be in line with guidance, with its Authentication unit achieving a GBP100 million revenue goal.

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3 Apr 2024 09:56

IN BRIEF: De La Rue renews contract with Microsoft for five years

De La Rue PLC - Basingstoke, England-based security products maker - Signs a five-year renewal of its contract with Microsoft Corp for the supply of innovative authentication solutions to Microsoft's OEM, Retail and Xbox channels. This extends the relationship between the two companies out to 2029. Under the contract, De La Rue will supply solutions to Microsoft partners.

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3 Apr 2024 08:07

De La Rue secures 5-year extension to Microsoft contract

(Sharecast News) - De La Rue said on Wednesday that it has signed a five-year renewal of its contract with Microsoft for the supply of "innovative authentication solutions" to the company's OEM, Retail and Xbox channels.

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2 Apr 2024 12:36

EARNINGS: Capricorn Energy loss narrows; Crystal Amber net assets up

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

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19 Dec 2023 17:19

Metal miners lift UK stocks amid lingering Fed rate cut hopes

Superdry drops on profit warning

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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19 Dec 2023 11:49

LONDON MARKET MIDDAY: FTSE 100 flat; Eurozone inflation cools to 2.4%

(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

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