geldman
24 Nov 2015
Re: Results When I posted a sell recommendation on 17 november the price was north of 550. These results are truly appalling.A summary from iii saysProfits tumbled by 38 per cent to the six months ending 26 September, from £20.6m in 2014 to £12.8m.Group sales were down five per cent from last year, to £204.8m.Profits in the core currency business were down to £13.9m, from £17.2m the year before.The company's cash processing division, which operates cash-sorting machines and accounts for around ten per cent of the group's revenue, dragged the results down after reporting losses increased by £1m to $4.7m, and sales dropped 37 per cent.The company has launched a "root and branch" review into the division's poor performance.PLEASE NOTE margins are down by 25% and a 5% fall in revenue resulted in a 29% fall in operating profits. The dividend is hardly covered and must be at risk this year.WHAT A CONTRAST BETWEEN THE COMPANY SPIN AND REALITY.
gamesinvestor
24 Nov 2015
Results Well at least they have won some polymer business and increased the order book.HEADLINES · Half year results slightly ahead of expectations - full year expectations unchanged · Group 12 month order book up 37% year-on-year at £405m, though market conditions remain volatile · Print and Paper volumes better than expected, benefited from large overspill contracts · Progress on Polymer marked by significant three-year contract · Launched first software solution for both Identity and Security Products, and secured first customers · Reorganisation complete with new CFO on board; functional structure in place to support delivery of strategy; net headcount reduction of 6% · Manufacturing footprint review near completion, expect more than £13m of annual savings from 2018/19, <£30m capex investment and £8m restructuring cost over next two years· 'Root and branch' review initiated to address CPS poor performance· Interim dividend maintained at 8.3pGames
Ripley94
20 Nov 2015
Re: what on earth back in.
geldman
17 Nov 2015
Re: what on earth DLR is rapidly losing its core franchise. The CEO states the future is plastic. They only have 1 customer for polymer notes, they lost the critical element of the BoE polymer contract, only printing the notes and are reputed not to have won any new contracts for 12 months. They are pinning their hopes on India but are up against really tough competition, including the incumbent, with newer technology. India will almost start making their own paper in country losing for ever the contract which DLR lost by misstating quality controls some years ago.
sauloman
16 Nov 2015
what on earth What on earth is happening to this company. it was not long ago its shares were double the present price.
lambrini girl
04 Nov 2015
Re: 5 magic stocks worth a punt ..back to lows..upcomin dividend..
gamesinvestor
18 Oct 2015
5 magic stocks [link] banknote printer, De La Rue (LSE: DLAR) comes out on top thanks to the company’s ability to literally print money. Indeed, De La Rue’s ROCE — a metric that compares how much money is coming out of a business, relative to how much is going in — eclipses that of its peers. During its last financial year, De La Rue’s ROCE totalled 49.6%. To put that into perspective, according to my figures less than 3% of the world’s 8,000 largest companies managed to achieve an ROCE of greater than 40% last year."
swarfega man
23 Jul 2015
Re: Results light at the end of the tunnel based on today's statement from the chair.
contrasena
23 Jun 2015
Re: Results "Dracula" ?!! What the........?
contrasena
22 Jun 2015
Re: Results No, soy singles (delete "s"--- kindle!) A ex mature student with delusions of linguistic grandeur.Can't see much mileage in printing the Dracula all so may not get paid.C
Sunglasseron
19 Jun 2015
Re: Who's going to be printing the Drachma Probably already printed! They were and held in stock when Libya lost Gadaffi.
bartonscooter
19 Jun 2015
Who's going to be printing the Drachma Nice work if you can get it.
fitcontroller
18 Jun 2015
Re: Results ojalá que fuera así. ¿eres español?
contrasena
17 Jun 2015
Re: Results Tienes razón, señor, but a password remains a password---- better keep it.Signs of life at DLAR.
fitcontroller
17 Jun 2015
Re: Results should your name not be contraseña, as in password in spanish?
