IN BRIEF: De La Rue annual profit set to be in line with expectations

Thu, 07th Apr 2022 10:49

De La Rue PLC - Basingstoke, England-based security printed products maker - For the year ended March 26, expects annual adjusted operating profit to be in line with market expectations.

For the prior financial year, adjusted operating profit was GBP38.1 million. Net debt meanwhile is expected to be better than market expectations of GBP75 million. For the 2021 financial year, net debt was GBP52.3 million.

De La Rue will publish its results for the year ended March 26 on May 25.

Current stock price: 107.39 pence, up 2.9%

12-month change: down 46%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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