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Pin to quick picksDe La Rue Share News (DLAR)

Share Price Information for De La Rue (DLAR)

London Stock Exchange
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Share Price: 95.80
Bid: 96.40
Ask: 98.00
Change: -2.20 (-2.24%)
Spread: 1.60 (1.66%)
Open: 98.00
High: 98.00
Low: 95.80
Prev. Close: 98.00
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De La Rue shares gain after positive update

Thu, 23rd Jul 2015 11:57

(ShareCast News) - Shares in De La Rue rose after the banknote printer and passport manufacturer said trading in the last four months has been in line with the board's expectations and the group's order book has increased substantially since the year end.It said that although market conditions in Currency remain challenging, it has been able to secure and confirm a number of important orders. It said that at this stage, over 90% of the orders required to assure the sales and production targets for 2015/16 are confirmed.In addition, the company said it has an encouraging pipeline of orders for delivery in the next financial year. De La Rue said Identity Systems and Security Products have traded in line with its, expectations, but Cash Processing Solutions has experienced difficult trading conditions.Subject to shareholder approval at Thursday's AGM, the proposed final dividend for the period ended 28 March 2015 of 16.7p per share will be paid on 3 August, the company said.Looking ahead and based on current production and shipment schedules agreed with customers, De La Rue expects its financial performance to have a higher-than-usual weighting towards the second half of the 2015/16 financial year. This is particularly the case within Currency where approximately 70% of the year's production is scheduled to be shipped in the second half. The board's overall expectations for 2015/16 remain unchanged.Investec upgraded the stock to 'buy' from 'hold' and said: "We take comfort that 90% of the Currency orders needed to achieve full-year revenue forecasts have been secured so early in the year."At 11:06, De La Rue shares were up 2.9% at 514.50p.
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11 Jun 2024 16:01

UK earnings, trading statements calendar - next 7 days

Wednesday 12 June 
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Thursday 13 June 
Crest Nicholson PLCHalf Year Results
Fuller, Smith & Turner PLCFull Year Results
Halma PLCFull Year Results
Motorpoint Group PLCFull Year Results
Norcros PLCFull Year Results
Origin Enterprises PLCTrading Statement
PayPoint PLCFull Year Results
Virgin Money UK PLCHalf Year Results
Wise PLCFull Year Results
Friday 14 June 
Tesco PLCTrading Statement
Monday 17 June 
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Tuesday 18 June 
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De La Rue PLCFull Year Results
Global Smaller Cos Trust PLCFull Year Results
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Tatton Asset Management PLCFull Year Results
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30 May 2024 13:51

IN BRIEF: De La Rue extends two contracts; in talks for its divisions

De La Rue PLC - Hampshire, England-based banknote and security document printer - Reports positive momentum in both its Authentication and Currency divisions with a number of significant recent contract wins and renewals. Says there is no change to its previous guidance for the financial year that ended March 30. This was for adjusted operating profit in the "low GBP20 million" range and would represent a decline from financial 2023's GBP27.8 million. De La Rue on Thursday also says it has reached agreement with two existing Government Revenue Solutions customers that it doesn't name. The three- and five-year extensions, respectively, of existing contracts are to supply a digital tax stamp solution to track and trace excisable products. Says the two renewals have a total contract value in excess of GBP150 million.

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30 May 2024 10:04

SMALL-CAP WINNERS & LOSERS: De La Rue rises on "positive momentum"

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30 May 2024 07:37

De La Rue in talks over potential sale of divisions

(Sharecast News) - Banknote maker De La Rue said on Thursday that it was delaying the publication of its full-year results as it is currently in talks with a number of parties who have made proposals or expressed an interest in buying either of its divisions.

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22 May 2024 11:03

SMALL-CAP WINNERS & LOSERS: De La Rue up again; Regional REIT falls

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7 May 2024 09:51

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17 Apr 2024 11:23

De La Rue says yearly profit to be in line with expectations

(Alliance News) - De La Rue PLC on Wednesday said it expects yearly profit to be in line with guidance, with its Authentication unit achieving a GBP100 million revenue goal.

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3 Apr 2024 09:56

IN BRIEF: De La Rue renews contract with Microsoft for five years

De La Rue PLC - Basingstoke, England-based security products maker - Signs a five-year renewal of its contract with Microsoft Corp for the supply of innovative authentication solutions to Microsoft's OEM, Retail and Xbox channels. This extends the relationship between the two companies out to 2029. Under the contract, De La Rue will supply solutions to Microsoft partners.

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3 Apr 2024 08:07

De La Rue secures 5-year extension to Microsoft contract

(Sharecast News) - De La Rue said on Wednesday that it has signed a five-year renewal of its contract with Microsoft for the supply of "innovative authentication solutions" to the company's OEM, Retail and Xbox channels.

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19 Dec 2023 11:49

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(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

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