Source - Alliance News
De La Rue PLC on Friday that it expects its adjusted operating profit in the first half of the financial year ending March 30 to be ‘marginally ahead’ of previous guidance of ‘broadly break even’.
For the full-year, the security printed products maker expects its adjusted operating profit to in the ‘low £20 million range’ in line with its previous guidance.
It added that net debt for the full-year is expected to be ‘marginally better’ than previous guidance, in the ‘mid-£90 million range.’
De La Rue will release its interim results on December 19.
Shares in the firm were up 4.1% at 62.95 pence on Friday morning in London.
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