The company has announced the award of two new contracts for the UK rail market with a combined value of £1.9m. The awards provide a further boost to the order book that has seen a significant increase over recent months, which helps underpin revenue expectations over the next couple of years. No change to forecasts. Trading on a P/E of 12.6x for FY21 and 10.9x for FY22, and with improving order book visibility and the expectation of increased market activity and a step up in profitability, the ....
14 Jan 2021
LPA Group - New contract awards
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LPA Group - New contract awards
LPA Group Plc (LPA:LON) | 64.0 0 0.0% | Mkt Cap: 8.65m
- Published:
14 Jan 2021 -
Author:
David Buxton -
Pages:
3
The company has announced the award of two new contracts for the UK rail market with a combined value of £1.9m. The awards provide a further boost to the order book that has seen a significant increase over recent months, which helps underpin revenue expectations over the next couple of years. No change to forecasts. Trading on a P/E of 12.6x for FY21 and 10.9x for FY22, and with improving order book visibility and the expectation of increased market activity and a step up in profitability, the ....