LONDON (dpa-AFX) - De La Rue plc (DLAR.L) said trading for the period has been in line with the Board's expectations for the second half of the financial year. In its interim management statement, the company noted that its Currency Division has continued the good progress in the first half with improved volumes and revenues. Order intake and enquiries remain good and consistent with those at 24 September 2011. Meanwhile, the Solutions Division continues to grow at similar levels to those reported in the first half. Further, implementation of the Improvement Plan is progressing well with further cost reductions being achieved. The early results of revenue growth initiatives are also encouraging. Overall the Board remains confident that the group's trading and financial performance for the full year is in line with its expectations.
Copyright RTT News/dpa-AFX
