The company warned that demand for banknotes is the weakest in 20 years
King Charles III Banknote-Printer De La Rue Hits Record Low, Citing Weak Demand
A foil patch containing an image of the coronation crown sits on a U.K. 10-pound banknote on Monday, Sept. 11, 2017. — De La Rue Plc shares fell to a record low as the company that’s reprinting UK money following the accession ofThe stock fell as much as 34% in early London trading after the firm said adjusted operating profit for the fiscal year just ended would miss analyst estimates by “a mid-single digit percentage.” Trading volume swelled to 3.
The plunge is the second in four months for De La Rue, which cited a surge in input costs such as energy for a November
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kirsty Young returning for King Charles III coronation coverage on BBCTV presenter Kirsty Young will be back on-screen for the upcoming coronation of King Charles III.
Read more »
David Dimbleby 'rejected' offer to cover King Charles III coronationDavid Dimbleby may be an icon of British television, but it looks like we won't be seeing him at the coronation next month as reportedly the veteran journalist reportedly turned down reporting on Charles' bid day 👑 ❌
Read more »
King Charles Coronation thrown into chaos as rehearsal runs late and Harry delayIt is just over three weeks until Charles will be crowned at Westminster Abbey on May 6, as organisers face a race against time to ensure the finalised details are perfect.
Read more »
Glasgow First Bus to operate Sunday service during King Charles' III CoronationFirst Bus Glasgow announced the upcoming changes which are soon set to take place across two days next month - with one of them being on the bank holiday to mark the King's Coronation.
Read more »