The Group has announced £4m of new contract wins, including train rolling stock contracts and a first export order for LED-based lighting for trams. However, trading in the current year has continued to be challenging, as previously indicated, with certain contracts now deferred and unlikely to be shipped in the current year. We therefore reduce our current year forecast, with a £0.3m profit reduction to £0.1m and EPS of 0.7p, though with increased factory loading and action
04 Sep 2019
LPA Group - Contract win and trading update
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LPA Group - Contract win and trading update
LPA Group Plc (LPA:LON) | 61.5 0 0.0% | Mkt Cap: 8.31m
- Published:
04 Sep 2019 -
Author:
David Buxton -
Pages:
4
The Group has announced £4m of new contract wins, including train rolling stock contracts and a first export order for LED-based lighting for trams. However, trading in the current year has continued to be challenging, as previously indicated, with certain contracts now deferred and unlikely to be shipped in the current year. We therefore reduce our current year forecast, with a £0.3m profit reduction to £0.1m and EPS of 0.7p, though with increased factory loading and action