30th May 2024 13:51
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. Read More
