30th Jan 2008 07:01
De La Rue PLC30 January 2008 DE LA RUE PLC INTERIM MANAGEMENT STATEMENT The Board of De La Rue plc today issues the following Interim ManagementStatement in respect of the period since 1 October 2007 as required by the UKListing Authority's Disclosure and Transparency Rules. Within Security Paper & Print, trading during the period has been in line withour expectations. A continued strong level of banknote demand has supportedboth year on year revenue and margin improvement. Cash Systems trading since the half year has similarly continued to be in linewith our expectations, notwithstanding the more uncertain financialenvironment. Margins have continued to benefit from ongoing improvements to thesupply chain. Cash conversion for the year remains strong, although, as anticipated, advancepayments have reduced towards more normal levels. The Board remains confident in the Group's trading outlook and cash generationfor the year. - ends - 30 January 2008 For further information please contact: Stephen King Group Finance Director +44 (0) 1256 605307 Richard Mountain Financial Dynamics +44 (0) 207 269 7291 Isabella Szredzki Corporate Affairs +44 (0) 1256 605308 Notes to Editors: 1. De La Rue will announce its Preliminary Results on 22 May2008 2. De La Rue is the world's largest commercial security printerand papermaker, involved in the production of over 150 national currencies and awide range of security documents such as travellers cheques and vouchers. Thecompany is a leading provider of cash handling equipment and software solutionsto banks and retailers worldwide, helping them to reduce the cost of handlingcash. Employing over 6,200 people across 31 countries, De La Rue is alsopioneering new technologies worldwide in government identity solutions forsecure passports, identity cards and driver's licences. For more information visit www.delarue.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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