Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

De La Rue - New guidance well ahead of forecasts

March 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DLAR
  • Price:
  • 163p
De La Rue, which specialises in printing high quality polymer banknotes armed with sophisticated security features, announced that thanks to positive trading and good progress implementing its Turnaround Plan it now expects adjusted operating profit between £36m-£37m, which compares with market expectations of £34m. This improved performance is largely driven by its bank notes side and it’s now building a new production line in its Bolton facility to more than double existing capacity for polymer bank notes with capex increasing from £15m to £20m.  Its other Authentication division, which provides tax stamp printing to help Governments stop tobacco smuggling, saw some tempora ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X