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De La Rue Drops to Five-Year Low on Bank Note Breach

De La Rue Plc dropped to the lowest in almost five years in London trading after the company said a deliberate breach in banknote paper quality will clip first-half pretax profit by at least 35 million pounds ($53.8 million).

De La Rue, the world’s biggest printer of banknotes, fell 3.2 percent to 681 pence, its lowest since November 2005. “Some of the company’s employees have deliberately falsified certain paper specification test certificates for a limited number of customers,” the Basingstoke, U.K.-based company said in a statement today.