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.

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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.

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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.

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De La Rue tumbles after profit warning

30th Oct 2019 09:13

(Sharecast News) - Shares of De La Rue tumbled on Wednesday as the banknote printer warned on profits.

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Clive Vacher signs up as new De La Rue chief executive

7th Oct 2019 08:52

(Sharecast News) - De La Rue announced the appointment of Clive Vacher as its new chief executive officer, and an executive director on Monday, with immediate effect.

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De La Rue appoints Kevin Loosemore as chairman

2nd Sep 2019 13:42

(Sharecast News) - Banknote and passport maker De La Rue has appointed Kevin Loosemore as its new chairman with immediate effect.

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Passport printer De La Rue cuts 170 jobs at Gateshead plant

25th Jun 2019 13:17

(Sharecast News) - De La Rue has cut 170 jobs at its Gateshead factory after losing out on the government contract to print post-Brexit British passports.

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De La Rue chairman heads for the exit

24th Jun 2019 07:48

(Sharecast News) - Banknote printer De La Rue said on Monday that chairman Philip Rogerson plans to retire from the board.

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De La Rue to sell international identity solutions business for ?42m

12th Jun 2019 10:28

(Sharecast News) - Banknote printer De La Rue has agreed to sell its international identity solutions business to Assa Abloy-owned verification specialist HID Corporation for £42m.

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De La Rue boss to depart after losing UK post-Brexit passport gig

30th May 2019 09:23

(Sharecast News) - UK banknote printer De La Rue announced on Thursday that Martin Sutherland had agreed with the Board of the company to step down as Chief Executive Officer and as a Director of the Company.

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London open: Stocks edge higher even as China claims US is 'bullying' it

30th May 2019 07:50

(Sharecast News) - Stocks were moving slightly higher on Thursday morning, with all eyes on the US central bank's number two official and what he had to say regarding the outlook for monetary policy in the world's largest economy, even as an official from China's Ministry of Commerce said that "US bullying will eventually hurt itself" and that the country "won't accept a deal that hurts its sovereignty or its pride".

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First Group jumps after announcing intention to sell Greyhound unit, separate First Bus

30th May 2019 07:22

(Sharecast News) - First Group delivered a better than expected full-year performance, on the back of strength in its North American operations, outside of its Greyhound coach unit, and announced the results of a wide-ranging strategy review, including the proposed sale of the iconic coach franchise in the States and the separation of its First Bus operations in the UK.

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De La Rue to change focus after losing out on UK passport contract

27th Nov 2018 14:43

(Sharecast News) - Banknote printer De La Rue announced changes to its passport division on Tuesday following the loss of a key UK passport contract as it posted a drop in first-half profit.

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Monday newspaper round-up: De La Rue, Tesco, Glaxo Smith Kline

23rd Jul 2018 06:40

(Sharecast News) - The hedge fund pushing for change at passport and banknote maker De La Rue has increased its stake and ramped-up pressure on the boss to overhaul the firm. Crystal Amber is now understood to control about 4 per cent of the British company, up from 3.1 per cent following a high volume of trades on Friday. The activist fund is calling on De La Rue's management to come up with a strategy that will prepare it for the future by focusing more on selling its technology. - The Daily Mail

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De La Rue inks joint-venture agreement with Nairobi

18th Aug 2016 16:37

(ShareCast News) - De La Rue inked an agreement with Nairobi to base one of its Centres for Excellence in the East African country following the creation of a joint-venture between the two. The facilities of the JV, employing about 290 people locally, would supply both the domestic and export marker

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