Full-year results are slightly ahead of expectations, but highlight the challenging market conditions experienced in the last year. Momentum now looks to be recovering (boosted by a recent prestigious five-year framework agreement with Siemens) with a strong improvement in order intake. Production has already started to increase, with a good recovery in profits expected. We maintain our profit expectations, with a small increase in EPS to 8.0p. The rating currently looks compelling and the bo
28 Jan 2020
LPA Group - Full-year results: a year of recovery ahead
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LPA Group - Full-year results: a year of recovery ahead
LPA Group Plc (LPA:LON) | 61.5 0 0.0% | Mkt Cap: 8.31m
- Published:
28 Jan 2020 -
Author:
David Buxton -
Pages:
7
Full-year results are slightly ahead of expectations, but highlight the challenging market conditions experienced in the last year. Momentum now looks to be recovering (boosted by a recent prestigious five-year framework agreement with Siemens) with a strong improvement in order intake. Production has already started to increase, with a good recovery in profits expected. We maintain our profit expectations, with a small increase in EPS to 8.0p. The rating currently looks compelling and the bo