De La Rue plc (DLR) has announced the appointment of Helen Willis as the Chief Financial Officer as well as an Executive Director of the Company. The announcement was made today on the DLR website. Helen Willis, who joined DLR in April 2018 as the interim CFO in April 2018, will take the CFO role with immediate effect,…
De La Rue has announced that it has agreed to a new strategic partnership with OPTEL to produce anti-counterfeit solutions for the brand protection industry. OPTEL is a “leading provider of end-to-end traceability systems”, providing anti-counterfeit solutions particularly for the pharmaceuticals market. In a press release, De La Rue says that this move will “leverage…
The Bank of England has today started to circulate the new ten pound banknote, a polymer note featuring the novelist Jane Austin. Image courtesy of the Bank of England. It is the second of the new series of polymer banknotes to be issued by the Bank of England, following the release of the £5 banknote on…
The Banco Central de São Tomé e Príncipe has celebrated its 25th anniversary by launching a new series of banknotes and coins. The new currency is part of the Bank’s Monetary Reform 2018, resulting in the removal of three zeros from the denomination structure of the current series first circulated in 1997. There will be six banknote denominations…
De La Rue has announced that it will continue to print banknotes at its factory in Malta. This is a turnaround from last December when the company announced major redundancies at its Malta banknote printing plant, with reportedly a view of eventually phasing out banknote printing activities within the country. A press release from De La Rue confirms…
The Royal Bank of Scotland’s first polymer banknote entered circulation today, following the trend set by other Scottish issuing authorities, the Bank of Scotland and Clydesdale Bank. The design of the new note was announced in April earlier this year. It features Scottish poet Nan Shepherd and is the first of the new “Fabric of…
Gibraltar has issued a new polymer £100 banknote to celebrate the 100th anniversary of the birth of Sir Joshua Hassan, Gibraltar’s first Chief Minister. The new banknote uses De La Rue’s polymer Safeguard® substrate, and is the first time a holographic foil, namely Depth™ Image, has been used with the polymer substrate. The hologram is visible from either…
On Monday the 29th June, the National Reserve Bank of Tonga issued a new series of banknotes and coins. The new currency designs replace the portrait of the late King George Tupou V with his successor and brother, King Tupou VI. The new coronation currency replaces all coins and banknotes with up to date security…
UK based banknote printer De La Rue has seen its shares drop 30% after it issued a profits warning, with this year’s profits expected to be £20m lower than the previous financial period. The company, which produces the UK’s biometric passports and prints banknotes for countries worldwide, warned that industry trading conditions had “deteriorated” causing prices…
This morning De La Rue plc (DLR) reported its full year results for the 2013/2014 period. The largest commercial producer of banknotes and security documents, which has a market capitalisation of around £880 million, has reported a 37% increase in pre-tax profits for the year to March 29 2014, showing continued recovery from the paper production…