The group has continued to experience customer-driven delays on some significant projects in the half. As anticipated, this resulted in a loss in the period. The drop though is almost entirely a volume effect on overhead recovery rate and not a reflection of sales mix or inflationary pressures. An improved flow of order scheduling prospects in the aviation and rail markets, backed by a strong order book should provide a better performance in H2. Supply chain issues continue but are considered ma ....
28 Jun 2022
LPA Group - H1 loss-making as expected, but anticipate a profit in H2
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LPA Group - H1 loss-making as expected, but anticipate a profit in H2
LPA Group Plc (LPA:LON) | 64.0 0 0.0% | Mkt Cap: 8.65m
- Published:
28 Jun 2022 -
Author:
David Buxton -
Pages:
6
The group has continued to experience customer-driven delays on some significant projects in the half. As anticipated, this resulted in a loss in the period. The drop though is almost entirely a volume effect on overhead recovery rate and not a reflection of sales mix or inflationary pressures. An improved flow of order scheduling prospects in the aviation and rail markets, backed by a strong order book should provide a better performance in H2. Supply chain issues continue but are considered ma ....