Company
De La Rue PLC
LON:DLAR
De La Rue PLC is a commercial security printer and papermaker, involved in the production of over 150 national currencies and a range of security documents, such as passports, authentication labels and fiscal stamps. It also provides cash handling equipment and software solutions to banks and retailers worldwide.
69 stories
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FTSE 100 suffers as utility sector and higher yields weighs on stocks
At the close, the FTSE 100 was down 29 points at 7,472 points for a 0.4% loss on the day
De La Rue sees 2022 profit in line with expectations
Net debt will be slightly higher than market expectations, according to the company
De La Rue slumps after it warns profit hit by COVID-19 and supply chain woes
The results from the banknote printer's turnaround plan are set to be delayed by up to a year
De La Rue leaves full-year guidance unchanged after positive first half
The company issued a brief trading statement in which it said trading in its Currency and Authentication divisions for the first half had been positive
De La Rue eyes dividends in 2023 after swinging to interim profit
Full-year trading has been positive, with the outlook in line with the board's expectations
De La Rue extends contract to print Bank of England notes
The company will maintain exclusivity in printing Bank of England banknotes and operating the Bank's facility in Essex until 2028
Production of £2 coins halted as coronavirus accelerates switch to contactless
Cash is literally piling up at the Royal Mint which has a ten-year backlog of £2 coins
De la Rue to raise £100mln, closes Gateshead printing facility
The passport business at the Gateshead site will also stop as the business is transferred to a new supplier
De La Rue jumps as SFO drops investigation
The SFO launched its probe last July in connection to De La Rue's operations in South Sudan, where it has been responsible for designing and printing the country’s banknotes
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CloudCall falls to earth after gloomy trading update
A look at some of the major movers in London on Monday
De La Rue “progressing” with turnaround plan
The firm did not provide much detail on safety measures for coronavirus
De La Rue jumps as it unveils £35mln cost cutting plan
The banknote maker said the new cost reduction plans will “significantly exceed and accelerate” previous commitments and allow it to “compete more strongly across all its market segments”
De La Rue slides again as CFO steps down
Helen Willis, who will leave the banknote printer with immediate effect, follows the exit of the company's chairman, CEO and a number of other directors in 2019 as it struggles to revive its fortunes
Printing money: Is De La Rue's debt crisis part of a wider problem?
UK PLC has surged by three quarters since 2010 to £443.2bn, up 6% in the past fiscal year
De La Rue becomes the latest victim of pivot failure
While the 198-year banknote maker could be the next business to fall victim to a lack of adaptability, it isn’t the first long-established brand that has failed to move with the times
De La Rue warns of “material uncertainty” over future
Despite growing revenues from other parts of the business, its currency division saw sales fall 30% in the first half of the year amid a decline in volumes and average prices because of reduced demand for overspill printing of banknotes
De La Rue shares plunge as it issues second profit warning of the year
The company said full-year adjusted operating profit will be “significantly lower” than market expectations
De La Rue appoints turnaround expert as CEO
New boss Clive Vacher has worked to transform Dynex Power, Pratt and Whitney, Rolls-Royce, General Dynamics and B/E Aerospace
De La Rue rises as it sells identity solutions business for £42mln
The banknote printer said the sale would allow it to refocus on identity-related security features and components where the market opportunities were “more accessible”
De La Rue gets lift as BoE awards it and Australia’s CCL Secure contract to produce polymer for banknotes
The Banks of England said it has awarded the two companies an eight-year contract to produce the polymer for a new plastic £50 banknote and future £5 and £10 notes
Investments and investor services
Immotion commotion as it signs virtual reality deal with a Florida zoo
A look at the day's major movers, including Aptitude Software, Watches of Switzerland, Veltyco, Johnson Matthey, Nuformix, HemoGenyx, De La Rue and Real Good Food
De La Rue boss steps down as secure printer issues profit warning, unveils cost-cutting plan
The group expects 2020 operating profit will be “somewhat lower” than the current year as tough competition in the banknote print industry squeezes margins
Investments and investor services
FTSE 100 regains ground at the close
The FTSE 100 closed 32.86 points higher at 7,218.16 on Thursday, just easing off its late afternoon high of 7,235
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Johnson Matthey's final results provide a step up in class for Thursday's corporate diary
The Day Ahead will also bring updates from two FTSE 250-listed firms, transport operator FirstGroup and water utility Pennon, plus numbers from newspapers group Daily Mail
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Enjoy the UK bank holiday, because there will be little else to get excited about in the coming week
The shortened trading Week Ahead will only bring updates from the likes of second-liners FirstGroup, Pennon, Wizz Air, and Daily Mail & General Trust
De La Rue signs £3.5mln contract with HMRC to deliver track and trace service for all UK tobacco products
The banknote printer said the five-year contract will see it implement a track and trace solution on the around 1.7 bln cigarette and hand-rolling tobacco packs sold in the UK each year through a unique identifier
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Troubled retail sector in focus as Quiz, Topps Tiles and Pets at Home report latest results
The day ahead includes full year results from Topps Tiles and Pets at Home along with interims from Quiz and Pennon
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Christmas lights starting to peek out from under spreadsheets as updates slow in last week of November
The Week Ahead will bring a hotch-potch of updates from the likes of blue-chip Intertek Group, and mid caps Thomas Cook, Pennon, Greene King, Go-Ahead Group, and Britvic
De La Rue's shares jump as it reports rise in profits and retains dividend
The FTSE SmallCap firm said for the full year ended 31 March 2018, pre-tax profit rose to £113.6mln from £58.2mln a year ago
Investments and investor services
IDE appoints IT veteran Ian Smith to oversee strategic and operational review
A look at the day's major share price movers, including Clontarf Energy, De La Rue and Photo-Me
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FTSE 100 has late flurry to close firmly higher
The UK blue-chip index had a surge near the close of play and added nearly 57 points
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Royal Bank of Scotland in the spotlight on Wednesday as possible dividend return eyed
The state-owned lender is reportedly considering asking for permission to restart dividends after making progress in resolving legacy issues and returning to an annual profit
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Quiet week seen following UK bank holiday, with any dividend news from RBS's AGM the main interest
Week Ahead also includes full-year results from platinum refiner Johnson Matthey PLC, transport operator Firstgroup PLC, and discount retailer B&M European Value Retail SA
Walkabout Resources share spike attracts ASX speeding ticket
The company's shares are currently trading about 17% higher intra-day, at 9.7 cents.
Enteq flows higher as oil sector rebound boosts latest full-year results
Oil prices have recovered over the past year which has led to companies setting up more rigs; good news for Enteq, an oilfield services provider
De La Rue shares fall as it drops post-Brexit passport appeal, cautions on full-year results
The secure printer said it has considered all options and decided not to appeal against the government’s decision to award the £490mln post-Brexit passport production contract to Franco-Dutch firm Gemalto
De La Rue challenges UK government on award of £490mln post-Brexit passport contract
De La Rue told the Financial Times on Monday that it was taking the first steps towards initiating a judicial review in the High Court against the provisional decision to award the contract to Gemalto
Xeros shares spike higher on news of US acquisition
A look at some of the biggest risers and fallers in London on Thursday
De La Rue shares drop as banknotes firm sneaks profit warning into news of CFO's resignation
The firm revealed that Jitesh Sodha, who had been its CFO for three years, has stepped down with immediate effect to "pursue his career outside of the Company"
Plastic notes give some zip to De La Rue
Growth in polymers was a highlight in an otherwise flat year for De La Rue
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Shell to come under fire over bosses pay package, climate change goals at its annual general meeting
Like Bob Dudley, his counter-part at FTSE 100-listed peer BP, Shell’s chief executive Ben Van Beurden will see his multi-million euro salary come under close scrutiny
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
Citigroup downgrades De La Rue to 'neutral' on worries over banknote printing oversupply
Citibank’s analysts said that “while currency print supply/demand dynamics continue to improve, particularly with Joh Enschede’s recent closure, Crane’s US$100m investment in Malta, scheduled to open mid-2018, could bring back industry over
De La Rue expects full-year operating profits to top market expectations, revenues in line
The small cap group said the outperformance has “been driven by good growth in Identity Systems and Product Authentication & Traceability product lines.”
Investments and investor services
FTSE 100 finishes higher despite North Korea worries hitting US stocks
US markets open lower, but the index of blue-chip shares keeps its poise
Kingfisher trading will be in focus on Tuesday
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
Chancellor's Autumn Statement is time for fiscal re-set
The new chancellor of the exchequer gets to set out his stall
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Potential for Primark in US, says Investec, which repeats 'buy' on ABF
South African bank Investec repeats a 'buy' rating and targets 3,750p on ABF
Tuesday's agenda: James Bond to boost Cineworld's third quarter
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Week ahead: Osborne looks for spending cuts after Lords tax credit rejection
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week