De La Rue PLC
30 January 2008
DE LA RUE PLC
INTERIM MANAGEMENT STATEMENT
The Board of De La Rue plc today issues the following Interim Management
Statement in respect of the period since 1 October 2007 as required by the UK
Listing Authority's Disclosure and Transparency Rules.
Within Security Paper & Print, trading during the period has been in line with
our expectations. A continued strong level of banknote demand has supported
both year on year revenue and margin improvement.
Cash Systems trading since the half year has similarly continued to be in line
with our expectations, notwithstanding the more uncertain financial
environment. Margins have continued to benefit from ongoing improvements to the
supply chain.
Cash conversion for the year remains strong, although, as anticipated, advance
payments have reduced towards more normal levels.
The Board remains confident in the Group's trading outlook and cash generation
for 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 May
2008
2. De La Rue is the world's largest commercial security printer
and papermaker, involved in the production of over 150 national currencies and a
wide range of security documents such as travellers cheques and vouchers. The
company is a leading provider of cash handling equipment and software solutions
to banks and retailers worldwide, helping them to reduce the cost of handling
cash. Employing over 6,200 people across 31 countries, De La Rue is also
pioneering new technologies worldwide in government identity solutions for
secure 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 Exchange
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