De La Rue’s last roll of the dice

De La Rue (DLAR) has unveiled a three-year turnaround plan which it hopes can revive its fortunes. This follows a disastrous last twelve months that saw an £18m outstanding bill from the Venezuelan central bank, a public spat with one of its largest shareholders, two profit warnings, an overhaul of senior management and an ongoing Serious Fraud Office investigation into its South Sudan business. Topping things off, it sounded the alarm in November over its ability to continue as a going concern.