The group confirms FY20 trading is broadly in line with management expectations, with each month across H2 being profitable. Overall COVID effects have not been as great as first envisaged, and cost reductions and cash conservation actions achieved. Some rail sector work flow has been delayed, but is now moving ahead, boosting future growth. Aviation is weak and is expected to remain so. The order book has seen strong momentum in October. While ongoing COVID effects are uncertain, we reinstate f ....
12 Nov 2020
LPA Group - Year-end trading update


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LPA Group - Year-end trading update
LPA Group Plc (LPA:LON) | 89.5 -2.7 (-3.2%) | Mkt Cap: 11.3m
- Published:
12 Nov 2020 -
Author:
David Buxton -
Pages:
4 -
The group confirms FY20 trading is broadly in line with management expectations, with each month across H2 being profitable. Overall COVID effects have not been as great as first envisaged, and cost reductions and cash conservation actions achieved. Some rail sector work flow has been delayed, but is now moving ahead, boosting future growth. Aviation is weak and is expected to remain so. The order book has seen strong momentum in October. While ongoing COVID effects are uncertain, we reinstate f ....