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United Kingdom

De La Rue PLC (DLAR.L)

DLAR.L on London Stock Exchange

548.00GBp
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-1.00 (-0.18%)
Prev Close
549.00
Open
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Day's High
554.00
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543.00
Volume
50,048
Avg. Vol
190,141
52-wk High
704.50
52-wk Low
446.00

Latest Key Developments (Source: Significant Developments)

De La Rue Says Strong Order Book Gives Good Revenue Coverage For Year Ahead
Wednesday, 30 May 2018 

May 30 (Reuters) - De La Rue PLC ::AIMS TO GROW GROUP REVENUE BY MID-SINGLE DIGIT CAGR 2015-20.SAYS PAPER TRANSACTION REDUCED THE GROUP'S EXPOSURE TO THE VOLATILITY OF PAPER MARKET.SAYS STRONG ORDER BOOK GIVES GOOD REVENUE COVERAGE FOR THE YEAR AHEAD.CEO MARTIN SUTHERLAND SAYS NOT GOING TO GIVE PROCEEDS OF PAPER SALE BACK TO SHAREHOLDERS, LOOKS TO INVEST IN COMPANY.CEO MARTIN SUTHERLAND SAYS NEED TO LEARN LESSONS FROM UK PASSPORT CONTRACT LOSS.CEO MARTIN SUTHERLAND SAYS BANK NOTE MARKET IS OVERSUPPLIED AND WILL BE SO IN THE NEAR FUTURE.  Full Article

De La Rue Plc Fy Group Revenue +7 pct At 493.9 mln Stg
Wednesday, 30 May 2018 

May 30 (Reuters) - De La Rue PLC ::FINAL DIVIDEND 16.7 PENCE PER SHARE.SAYS GROUP 12 MONTH ORDER BOOK AT MARCH 2018 EXCLUDING PAPER ORDERS UP 6% TO £363 MILLION.FY GROUP REVENUE +7% AT £493.9M.FY ADJUSTED OPERATING PROFIT -11% AT £62.8M.FY VOLUMES MORE THAN DOUBLED TO 810 TONNES.ACCELERATING GROWTH THROUGH FURTHER INVESTMENT.APPOINTED HELEN WILLIS AS INTERIM CHIEF FINANCIAL OFFICER.PROFIT FOR FY18/19 IS EXPECTED TO BE IN LINE WITH LAST YEAR.  Full Article

De La Rue Appoints Helen Willis As Interim Chief Financial Officer
Friday, 18 May 2018 

May 18 (Reuters) - De La Rue PLC ::ANNOUNCES THAT IT HAS APPOINTED HELEN WILLIS AS INTERIM CHIEF FINANCIAL OFFICER.HELEN WILL HELP WITH YEAR-END REPORTING AND OVERSEE ONGOING CHANGE PROGRAMME IN FINANCE AREA.SEARCH FOR A PERMANENT CHIEF FINANCIAL OFFICER IS ONGOING.WILLIS WAS CFO OF PREMIER FARNELL, BEFORE THAT FINANCIAL CONTROLLER OF PELICAN ROUGE AND AZ ELECTRONIC MATERIALS..  Full Article

Crystal Amber Fund Discloses 3.11 Pct Stake In De La Rue - Filing
Monday, 30 Apr 2018 

April 30 (Reuters) - Crystal Amber Fund Ltd ::CRYSTAL AMBER FUND LIMITED DISCLOSES 3.11 PERCENT STAKE IN DE LA RUE PLC - REGULATORY FILING.  Full Article

De La Rue Plc posts H1 adjusted pretxa profit of ‍26.6​ mln pounds
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - DE LA RUE PLC ::HALF YEAR REVENUE ROSE 29 PERCENT TO 244.7 MILLION STG.INTERIM DIVIDEND 8.3 PENCEPER SHARE.H1 REVENUE OF ‍244.7​ MILLION STG VERSUS 189.5 MILLION STG YEAR AGO.H1 ADJUSTED PROFIT BEFORE TAX OF ‍26.6​ MILLION STG VERSUS 24.0 MILLION STG YEAR AGO.DECLARES INTERIM DIVIDEND OF ‍8.3​ PENCE PER SHARE.‍PERFORMANCE IN SECOND HALF IS EXPECTED TO BE BROADLY IN LINE WITH SAME PERIOD LAST YEAR​.‍OVERALL, OUR OUTLOOK FOR YEAR REMAINS UNCHANGED​.  Full Article

De La Rue signs partnership with security group Opalux
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - DE LA RUE PLC ::‍ENTERED INTO A STRATEGIC PARTNERSHIP WITH OPALUX, A PRODUCER OF PREMIUM FIRST LEVEL SECURITY FEATURES​.‍PARTNERSHIP WILL INCORPORATE JOINT PRODUCT DEVELOPMENT AND RELATED SALES EXECUTION ON A GLOBAL BASIS​.  Full Article

De La Rue enters into a JV with Government of Kenya
Thursday, 18 Aug 2016 

De La Rue Plc : Creation of Kenya joint venture . Announces that it has signed an agreement to enter into a joint venture with government of Kenya . Transaction is expected to complete by end of this calendar year .Under terms of agreement, govt of Kenya will take 40 pct interest in De La Rue Kenya EPZ Limited, for a cash consideration 5.0 mln stg payable.  Full Article

De La Rue says FY expectations unchanged
Thursday, 21 Jul 2016 

De La Rue Plc : Having considered... Impact of brexit on business in short term, board's expectations for full year remain unchanged .In light of foreign exchange market volatility, co confirm that its policy is to hedge all confirmed foreign currency sales, purchases.  Full Article

De La Rue reaches agreement on actuarial pension valuation
Friday, 1 Jul 2016 

De La Rue Plc : De La Rue reaches agreement on actuarial pension valuation . Underlying funding deficit was 252 mln stg as at 5 April 2015, 92 mln stg higher than previous valuation in 2012. . Agreed a revised funding plan with trustee to eliminate deficit over a period of 12 years from 31 March 2017 . Cash contributions to scheme will be 13 mln stg and 13.5 mln stg in 2017 and 2018 respectively, and frozen at 23 mln stg per year after 2022 . Group will continue to pay annual fees of 1.6 mln stg for managing scheme in addition to cash contributions . Plan will see existing funding payment schedule extended from 2022 to 2028 .Next triennial funding valuation is due in April 2018.  Full Article

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De La Rue says on the mend after Brexit passport blow

British banknote and passports maker De La Rue said the sale of its struggling paper business and investments in new technology would help it recover from a plunge in profits due in part to a failure to win a post-Brexit passports contract.