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Thursday, October 29, 2009

This company prints most of the world's banknotes

The U.S. uses the Bureau of Printing & Engraving to print its bank notes. But many countries outsource their banknote printing.

Most of these countries turn to De La Rue Company (LSE: DLAR) to print their banknotes and postage stamps. Many of these are newer contracts (in the last 10 years or so), with larger countries. For example, De La Rue has printed bank notes for the UK since 2003. De La Rue also does passports and other secure identification products.

As you might expect, business is booming at De La Rue. Dividends almost doubled from last year (21.4 pence/share to 41.1 pence/share).

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