De La Rue misses out on contract to print UK's new post-Brexit passports

De La Rue said Thursday it missed out on the contract to print the UK's new post-Brexit blue passports but insisted that this would not have an impact on the performance of the current and next financial year.

The current 10-year contract with Her Majesty's Passport Office (HMPO) - due to expire in July 2019 - had a total value of roughly £400m.

'The company is disappointed with the outcome of the tender process and will now consider its options including an appeal,' De la Rue said.

At 9:13am: (LON:DLAR) De La Rue PLC share price was -26.25p at 477.75p