De La Rue PLC 2017 AGM Statement (5687L)
July 20 2017 - 1:00AM
UK Regulatory
TIDMDLAR
RNS Number : 5687L
De La Rue PLC
20 July 2017
DE LA RUE PLC
2017 AGM Statement
20 July 2017
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 and outlook
The Group's order book remains strong at the end of the first
quarter, providing good visibility and confidence at this early
stage of the financial year.
Based on the current production and shipment schedules, the
Group's performance is expected to be weighted towards the second
half of the financial year, in line with previous years. While
there was an unfavourable mix of orders in the first quarter, this
is expected to normalise throughout the rest of the year.
The Board's expectations for 2017/18 remain unchanged.
Dividend
Subject to shareholder approval at today's AGM, the proposed
final dividend for the year ended 25 March 2017 of 16.7p per share
will be paid on 3 August 2017 to shareholders on the register at
the close of business on 30 June 2017. This, together with 8.3p per
share paid in January 2017, would make a full year dividend of
25.0p per share.
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
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
Katharine Spence
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
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