Currency printer De La Rue PLC (LSE:DLAR) has upgraded its guidance for the financial year ending 30 March 2024, following a solid first half.
Operating profit exceeded expectations in the first six months of the 2024 financial year, while net debt came in £20 million better than the projected £100 million.
For the full year, the board’s expectations for operating profit remain unchanged, while net debt is expected to be in the mid-£90 million range, marginally better than previous guidance.
Full interim results for the period ending 30 September will be published on 19 December.