De La Rue beats expectations, turnaround costs rise

Bank note printer De La Rue has reported revenues well ahead of expectations but cautions its current improvement plan is set to cost more than originally anticipated.

Bank note printer De La Rue has reported revenues well ahead of expectations but cautions its current improvement plan is set to cost more than originally anticipated.

Revenue for the group, which produces currencies for over 150 countries, was £528.3m, against a consensus forecast of £507m. That was a 14% increase on revenue of £463.9m in the previous year.

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