De La Rue has announced that its H120 profitability continues to be challenged and that market expectations for FY20 remain significantly too high. With no detail on the factors driving the weak performance, we are placing our forecasts under review pending H120 results on 26 November. With the arrival earlier this month of the new CEO, Clive Vacher, management is undertaking a detailed review of the business and we expect to hear at least initial thoughts on this with the H120 results. A ful
30 Oct 2019
De La Rue - Challenges continue
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De La Rue - Challenges continue
De La Rue plc (DLAR:LON) | 81.0 -1.5 (-2.2%) | Mkt Cap: 158.8m
- Published:
30 Oct 2019 -
Author:
Andy Chambers -
Pages:
2
De La Rue has announced that its H120 profitability continues to be challenged and that market expectations for FY20 remain significantly too high. With no detail on the factors driving the weak performance, we are placing our forecasts under review pending H120 results on 26 November. With the arrival earlier this month of the new CEO, Clive Vacher, management is undertaking a detailed review of the business and we expect to hear at least initial thoughts on this with the H120 results. A ful