RE: Last week7 Jun 2020 02:17
Bloomberg
In its currency division, De La Rue has maintained strong demand despite the Covid-19 crisis and was awarded contracts representing approximately 80% of its available full-year currency printing capacity.
‘In addition, the company continues to make progress in enhancing its portfolio of offerings and the realignment of its cost base to enable it to become more competitive,’ De La Rue said. ‘As a result, it continues to expect the currency division to reach a mid-teens adjusted operating margin in financial year 2020/21.’
De La Rue will announce its results for the full year ended 28 March 2020 on 17 June 2020.