ANALYST VIEWS: WHAT DO YOU MAKE OF DE LA RUE’S POSITION?

ADRIAN KEARSEY | EVOLUTION SECURITIES

The shares offer an attractive yield supported by a strong balance sheet. However, there is insufficient clarity on how long it will take for earnings to recover. The consensus is likely to fall towards the bottom of the range.

JONATHAN JACKSON | KILLIK & CO

The shares have fallen 40 per cent since the production irregularities in July. Although this may turn out to have been an over-reaction and a great buying opportunity, reputation in the banknote market is paramount.

PAUL JONES | PANMURE GORDON

The outlook is very uncertain with a number of important questions still to be answered: Will bank note volumes return? Will deliveries to the Bank of Ireland resume? What will the effect on margins for new orders be?