De La Rue PLC AGM Statement (8537E)
July 21 2016 - 4:14AM
UK Regulatory
TIDMDLAR
RNS Number : 8537E
De La Rue PLC
21 July 2016
DE LA RUE PLC
2016 AGM Statement
21 July 2016
At De La Rue plc's ("De La Rue" or "the Group") Annual General
Meeting to be held today, Philip Rogerson, Chairman of De La Rue,
will make the following statement.
Current Trading
Trading for the financial year to date has been in line with the
Board's expectations. The Group's order book continues to be strong
and market conditions remain unchanged from that outlined in the
Group's full year results published on 24 May 2016.
In light of recent foreign exchange market volatility, we
confirm that the policy of the Group is to hedge all confirmed
foreign currency sales and purchases.
Dividend
Subject to shareholder approval at today's AGM, the proposed
final dividend for the year ended 26 March 2016 of 16.7p per share
will be paid on 3 August 2016 to shareholders on the register at
the close of business on 23 June 2016.
Outlook
Having considered current trading, market conditions and the
impact of Brexit on the business in the short term, the Board's
expectations for the full year remain unchanged.
- ENDS -
Enquiries:
De La Rue plc +44 (0)1256 605000
Martin Sutherland Chief Executive Officer
Jitesh Sodha Chief Financial Officer
Lili Huang Head of Investor Relations
Brunswick +44 (0)207 404 5959
Jon Coles
Oliver Hughes
About De La Rue
De La Rue's purpose is to enable every citizen to participate
securely in the global economy. As a trusted partner of
governments, central banks and commercial organisations, De La Rue
provides products and services that underpin the integrity of
trade, personal identity and the movement of goods.
As the world's largest designer and commercial printer of
banknotes, De La Rue designs, manufactures and delivers banknotes,
banknote substrates and security features to customers in a world
where currency will continue to be a key part of the developing
payments eco-system. De La Rue is the only fully integrated
supplier of both paper and polymer banknotes, and creates security
features that ensure banknotes are protected against
counterfeiting.
De La Rue is the world's largest commercial designer and printer
of passports, delivering national and international identity tokens
and software solutions for governments in a world that is
increasingly focused on the importance of a legal and secure
identity for every individual.
De La Rue also creates and delivers secure product identifiers
and 'track and trace' software for governments and commercial
customers alike to help to tackle the challenge of illicit or
counterfeit goods and the collection of revenue and excise
duties.
De La Rue is listed on the London Stock Exchange (LSE:DLAR). For
further information visit www.delarue.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMGIGDRXGDBGLB
(END) Dow Jones Newswires
July 21, 2016 04:14 ET (08:14 GMT)
De La Rue (LSE:DLAR)
Historical Stock Chart
From Mar 2024 to Apr 2024
De La Rue (LSE:DLAR)
Historical Stock Chart
From Apr 2023 to Apr 2024