Interim Management Statement

RNS Number : 2675W

De La Rue PLC

27 January 2012

 



Interim Management Statement

De La Rue plc today issues the following Interim Management Statement for the period since 24 September 2011 to date as required by the UK Listing Authority's Disclosure and Transparency Rules.

Trading for the period has been in line with the Board's expectations for the second half of the financial year.

The Currency Division has continued the good progress in the first half with improved volumes and revenues.  Order intake and enquiries remain good and consistent with those at 24 September 2011.

The Solutions Division continues to grow at similar levels to those reported in the first half.

Implementation of the Improvement Plan is progressing well with further cost reductions being achieved.  The early results of revenue growth initiatives are also encouraging.

Overall the Board remains confident that the Group's trading and financial performance for the year is in line with its expectations.

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27 January 2012

For enquiries, please contact:
Tim Cobbold Colin Child Clare Lloyd Williams	Chief Executive Officer Group Finance Director Group Communications Manager	[phone]
Jon Coles Kate Holgate	Brunswick	[phone]

Notes to Editors
1.	De La Rue will announce its Preliminary Results on 29 May 2012
2.	As the world's largest integrated commercial security printer and papermaker, De La Rue is a trusted partner of governments, central banks, issuing authorities and commercial organisations around the world. The Group is involved in the design and production of over 150 national currencies and a wide range of security documents including passports, driving licences, authentication labels and tax stamps. In addition, the Group manufactures sophisticated, high speed, cash sorting equipment. De La Rue also offers a range of specialist services and software solutions including government identity schemes, product authentication systems and cash management processing solutions. De La Rue employs approximately 4,000 people worldwide and is listed on the London Stock Exchange. For further information visit De La Rue's website at www.delarue.com

 

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