TIDMDLAR
RNS Number : 8967O
De La Rue PLC
06 October 2023
6 October 2023
De La Rue plc
Pre-close trading update
De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the
"Company") today announces a trading update for the financial year
ending 30 March 2024.
For H1 FY24, which ended 30 September 2023, the Company expects
adjusted operating profit to be marginally ahead of previous
guidance* given at the time of our full year results announcement
on 29 June and reconfirmed at our AGM in September. Net debt is
expected to be improved versus previous guidance, in the low GBP80m
range.
For the full year FY24, the Board's expectations for adjusted
operating profit remain unchanged, reinforced by the half year
position. Net debt for full year FY24 is now expected to be
marginally better than previous guidance, in the mid GBP90m
range.
The Company's interim results for the period to 30 September
2023 will be announced on 19 December 2023.
* Guidance was that full year adjusted operating profit for the
Group would be in the low GBP20m range for the full year and
broadly break even for the first half year. Net debt would rise to
around GBP100m at both half and full year.
Enquiries
De La Rue plc +44 (0)7990 337707
Clive Vacher CEO
Dean Moore Interim CFO
Louise Rich Head of Investor Relations
Brunswick +44 (0)207 404 5959
Stuart Donnelly
Ed Brown
About De La Rue
Established 210 years ago, De La Rue is synonymous with
reliability, innovation, creativity, and transformation. De La Rue
is trusted by governments, central banks, and international brands,
providing digital and physical solutions that protect their supply
chains and cash cycles from counterfeiting and illicit trade.
With operations in five continents, customers in 140 countries
and solutions that include advanced track and trace software,
security document design, banknotes, brand protection labels, tax
stamps, security features and passport bio-data pages, De La Rue
brings unparalleled knowledge and expertise to its partnerships and
projects.
Our core focus areas are:
- Authentication: leveraging advanced digital software solutions
and security labels to protect revenues and reputations from the
impacts of illicit trade, counterfeiting, and identity theft.
- Currency: designing and manufacturing highly secure banknote
and banknote components that are optimised for security,
manufacturability, cash cycle efficacy and public engagement.
The security and trust derived from our solutions pave the way
for robust economies and flourishing societies. This is underpinned
by a significant Environmental, Social, and Governance commitment
that is evidenced by accolades such as the ISO 14001 certification
and a consistent ranking in the top tier of the Financial Times
European Climate Leaders list.
De La Rue's shares are traded on the London Stock Exchange
(LSE:DLAR). De La Rue plc's LEI code is 213800DH741LZWIJXP78.
For further information please visit www.delarue.com
Cautionary note regarding forward-looking statements
Certain statements contained in this document relate to the
future and constitute 'forward-looking statements'. These
forward-looking statements include all matters that are not
historical facts. In some case, these forward-looking statements
can be identified by the use of forward-looking terminology,
including the terms "believes", "estimates", "anticipates",
"expects", "intends", "plans", "may", "will", "could", "shall",
"risk", "aims", "predicts", "continues", "assumes", "positioned" or
"should" or, in each case, their negative or other variations or
comparable terminology. They appear in a number of places
throughout this document and include statements regarding the
intentions, beliefs or current expectations of the Directors, De La
Rue or the Group concerning, amongst other things, the results of
operations, financial condition, liquidity, prospects, growth,
strategies and dividend policy of De La Rue and the industry in
which it operates.
By their nature, forward-looking statements are not guarantees
or predictions of future performance and involve known and unknown
risks, uncertainties, assumptions and other factors, many of which
are beyond the Group's control, and which may cause the Group's
actual results of operations, financial condition, liquidity,
dividend policy and the development of the industry and business
sectors in which the Group operates to differ materially from those
suggested by the forward-looking statements contained in this
document. In addition, even if the Group's actual results of
operations, financial condition and the development of the business
sectors in which it operates are consistent with the
forward-looking statements contained in this document, those
results or developments may not be indicative of results or
developments in subsequent periods.
Past performance cannot be relied upon as a guide to future
performance and should not be taken as a representation or
assurance that trends or activities underlying past performance
will continue in the future. Accordingly, readers of this documents
are cautioned not to place undue reliance on these forward-looking
statements.
Other than as required by English law, none of the Company, its
Directors, officers, advisers or any other person gives any
representation, assurance or guarantee that the occurrence of the
events expressed or implied in any forward-looking statements in
this document will actually occur, in part or in whole.
Additionally, statements of the intentions of the Board and/or
Directors reflect the present intentions of the Board and/or
Directors, respectively, as at the date of this document, and may
be subject to change as the composition of the Company's Board of
Directors alters, or as circumstances require.
The forward-looking statements contained in this document speak
only as at the date of this document. Except as required by the
UK's Financial Conduct Authority, the London Stock Exchange or
applicable law (including as may be required by the UK Listing
Rules and/or the Disclosure Guidance and Transparency Rules), De La
Rue expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained in this document to reflect any change in the Group's
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is
based.
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END
TSTMABRTMTJMBPJ
(END) Dow Jones Newswires
October 06, 2023 02:00 ET (06:00 GMT)
De La Rue (LSE:DLAR)
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부터 10월(10) 2024 으로 11월(11) 2024
De La Rue (LSE:DLAR)
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부터 11월(11) 2023 으로 11월(11) 2024
