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Banknote maker De La Rue upbeat on profit, plans more polymer spending

Jan 28 (Reuters) - Banknote printer De La Rue said on Thursday annual profit would exceed market expectations and set aside five million pounds ($6.83 million) more than it previously planned for its polymer strategy under an ongoing turnaround plan.

De La Rue said the total investment remains 79.8 million pounds for the program that calls for more focus on polymer used in making banknotes that include security features not available in paper ones. ($1 = 0.7326 pounds) (Reporting by Muvija M and Chris Peters in Bengaluru; Editing by Arun Koyyur)

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