De La Rue backs full-year outlook

12th Oct 2021 09:34

(Sharecast News) - Banknote printer De La Rue backed its full-year outlook on Tuesday as it said its performance remains in line with the board's expectations.

Read more

De La Rue 'on track' for second year of turnaround plan

29th Jul 2021 07:30

(Sharecast News) - De La Rue said on Thursday that its expectations for the current 2022 financial year remained unchanged, with the company "on track" to deliver the second year of its turnaround plan.

Read more

De La Rue sees profits jump, turnaround plans on track

26th May 2021 11:53

(Sharecast News) - De La Rue saw operating profits jump last year, as heightened demand for banknotes from central banks during the pandemic helped offset weaker trading elsewhere.

Read more

De La Rue renews contract with Microsoft

13th May 2021 14:31

(Sharecast News) - De La Rue has signed a five-year renewal of its contract with Microsoft, the banknote printer said on Thursday.

Read more

Costs cuts pay off for de La Rue as profits soar

25th Nov 2020 09:09

(Sharecast News) - UK banknote and passport printer De La Rue reported a huge rise in first-half profit on Wednesday, driven by cost cuts under its turnaround plan and said it was in early talks with governments on Covid-19 immunity certificates.

Read more

Sunday newspaper round-up: China, Facebook, Petropavlovsk

22nd Nov 2020 18:13

(Sharecast News) - Britain will lose billions of pounds of investment and thousands of jobs unless it reverses its hostility to China, an influential lobby group for Chinese businesses has warned. In the most stark public intervention yet, the China Chamber of Commerce in the UK - which represents companies including Huawei, ZTE and Air China - said there could also be a consumer backlash against British companies such as Jaguar Land Rover and Burberry, which are heavily reliant on China's middle-class customers. Relations between China and the UK are at their lowest ebb in decades, hit by Beijing's power grab in Hong Kong and Donald Trump's trade war with President Xi Jinping. - Sunday Times

Read more

De La Rue says trading 'positive', revenue in line

15th Oct 2020 09:57

(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.

Read more

Tuesday broker round-up

23rd Jun 2020 13:27

(Sharecast News) - Scapa Group: Berenberg reiterates buy with a target price of 150p.

Read more

De La Rue to raise £100m, cease Gateshead printing

17th Jun 2020 09:07

(Sharecast News) - Banknote printer De La Rue said it was raising £100m and axing jobs at its Gateshead plant in England after losing the contract to produce UK passports after Brexit.

Read more

Serious Fraud Office ends De La Rue probe

16th Jun 2020 07:42

(Sharecast News) - The Serious Fraud Office has closed its investigation into De La Rue after almost a year in which the agency scrutinised the banknote printer's activities in South Sudan.

Read more

De La Rue surges as it hails 'strong' start to year

1st Jun 2020 09:47

(Sharecast News) - De La Rue shares surged on Monday after the banknote and passport printer hailed a "strong" start to the new financial year, left its full-year expectations unchanged and said it had only seen limited impact form the coronavirus crisis.

Read more

De La Rue surges as it hails 'strong' start to year

1st Jun 2020 09:47

(Sharecast News) - De La Rue shares surged on Monday after the banknote and passport printer hailed a "strong" start to the new financial year, left its full-year expectations unchanged and said it had only seen limited impact form the coronavirus crisis.

Read more

De La Rue maintains FY guidance, says too early to assess virus impact

31st Mar 2020 08:13

(Sharecast News) - Banknote printer De La Rue maintained its full-year guidance on Tuesday as it said it was too early to assess the impact of the coronavirus.

Read more

De La Rue to cut costs by ?35m a year

25th Feb 2020 09:16

(Sharecast News) - De La Rue said it would cut annual costs by ?35m as the struggling banknote printer seeks to recover from losing the contest to produce the UK's blue post-Brexit passports.

Read more

De La Rue scraps dividend as it warns over its future

26th Nov 2019 09:23

(Sharecast News) - Banknote printer De La Rue said on Tuesday that it swung to a loss in the first half as it scrapped its dividend and warned of "significant doubt" over its ability to continue as a going concern.

Read more