While the current year has seen some customer projects delayed longer than originally expected, there is good reason for next year to see some improvement. The recent uptick in order intake and growing order book suggests some recovery. Investment and new product development are assisting market share gains, while technology in electronics and LEDs continues to drive rail rolling stock upgrades. The shares trade at a low point in their fortunes, with scope to recover to previous levels. Our 1
20 Jun 2019
LPA Group - Interim results – Initiation of coverage
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LPA Group - Interim results – Initiation of coverage
LPA Group Plc (LPA:LON) | 64.0 0 0.0% | Mkt Cap: 8.65m
- Published:
20 Jun 2019 -
Author:
David Buxton -
Pages:
26
While the current year has seen some customer projects delayed longer than originally expected, there is good reason for next year to see some improvement. The recent uptick in order intake and growing order book suggests some recovery. Investment and new product development are assisting market share gains, while technology in electronics and LEDs continues to drive rail rolling stock upgrades. The shares trade at a low point in their fortunes, with scope to recover to previous levels. Our 1