Banknote maker De La Rue says demand at its lowest in 20 years
The firm said: "The demand for banknotes has been at the lowest levels for over 20 years, resulting in a low order book going into fiscal year 2024."
It now expects its full-year profit to be in the "low £20m range" while the interest costs on its loans has risen. It is also printing the new banknotes featuring the image of King Charles, although those will not enter circulation until the middle of next year.
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