In results released on Tuesday morning, the Basingstoke-headquartered firm’s pre-tax earnings rose by over a third, to £102.4m, on a turnover of £687.5m, an increase of 12.6%.
De La Rue said that its banknote printing operation had driven the improved results, and it was operating at near capacity levels in the second half of the year. Overall banknote volumes increased by 19.5% compared to the previous year, the company said.
De La Rue chairman Nicholas Brookes said: “We enter 2007/8 with a strong order backlog in both operating divisions, providing a solid platform for the year ahead.”
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
