Posted By Global Banking and Finance Review
Posted on December 12, 2024

(Reuters) - British banknote printer De La Rue on Thursday posted a 7.6% fall in half-year operating profit, hurt by persisting weakness in its currency business and back-loaded contracts for the year.
The company, which sold its authentication business in October, posted an adjusted operating profit of 7.3 million pounds ($9.3 million) for the six months ended Sept. 30, compared with last year's 7.9 million pounds.
($1 = 0.7828 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Sumana Nandy)