De La Rue ( (GB:DLAR) ) has provided an announcement.
De La Rue has reported strong progress in its Currency business for FY25, with a significant increase in its order book, indicating robust growth. The company is also advancing the sale of its Authentication division, expected to complete in the first half of 2025, which will help repay its revolving credit facility. This strategic move is anticipated to enhance focus on its core Currency operations, projecting a substantial performance escalation in FY26.
More about De La Rue
De La Rue is a company with over two centuries of experience, providing digital and physical solutions to protect supply chains and cash cycles from counterfeiting and illicit trade. With operations across five continents and customers in 140 countries, De La Rue specializes in currency design and manufacturing, authentication solutions, and security features. The company is committed to environmental, social, and governance standards, evidenced by its ISO 14001 certification and recognition in the Financial Times European Climate Leaders list.
YTD Price Performance: 15.46%
Average Trading Volume: 619,741
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £234.3M
See more data about DLAR stock on TipRanks’ Stock Analysis page.
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