Founded in 1813, De La Rue is one of the world’s largest independent security printers. It prints both paper and polymer banknotes and has designed 36% of the note denominations in circulation globally. It also supplies ID documents, revenue and brand protection products. Importantly it develops and supplies the products and security features that assure the validity of the product or people with which they are associated, and software products that support them. Headquartered in Basingstoke, Hampshire, the company employs c 2,750 people with three UK manufacturing sites and four overseas in Malta, Kenya, Sri Lanka and the US.
In this interview CEO Martin Sutherland discusses prospects for growth, progress with the strategy, ramifications of the loss of the major UK passport supply contract, as well capital allocation priorities and the sustainability of the supportive dividend payout.