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    Home > Finance > British Banknote Printer De La Rue's half-year profit slips 7.6%
    Finance

    British Banknote Printer De La Rue's half-year profit slips 7.6%

    Published by Global Banking & Finance Review®

    Posted on December 12, 2024

    1 min read

    Last updated: January 27, 2026

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    Quick Summary

    De La Rue's half-year profit fell by 7.6% due to currency business challenges and back-loaded contracts, with an adjusted profit of 7.3 million pounds.

    De La Rue's Half-Year Profit Falls by 7.6% Amid Challenges

    (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)

    Key Takeaways

    • •De La Rue's profit dropped by 7.6% in the first half of the year.
    • •Currency business weakness impacted financial results.
    • •Back-loaded contracts affected the company's earnings.
    • •The company sold its authentication business in October.
    • •Adjusted operating profit was 7.3 million pounds.

    Frequently Asked Questions about British Banknote Printer De La Rue's half-year profit slips 7.6%

    1What is the main topic?

    The main topic is De La Rue's 7.6% decline in half-year profit due to challenges in its currency business and back-loaded contracts.

    2What impacted De La Rue's profit?

    De La Rue's profit was impacted by persistent weakness in its currency business and back-loaded contracts.

    3What was De La Rue's adjusted operating profit?

    De La Rue's adjusted operating profit for the six months ended September 30 was 7.3 million pounds.

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