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LPA Group

  • BY: Andrew Hore |
  • POSTED: 11/10/2012 |

LED lighting and electro-mechanical system manufacturer LPA Group has won two lighting orders worth £700,000 and they will contribute to the new financial year.

The year to September 2012 finished strongly and the figures may exceed expectations. Current trading conditions are “unusually good”. However, growth may be tempered by the need to invest in technology and sales resources.

LPA is still waiting for planning permission to turn its Tudor Works site in Saffron Walden into a housing development. The subsequent sale of the site will generate a significant surplus over book value.  The company is also awaiting planning permission to adapt its new site. An extension is being built for the LED factory in West Yorkshire.

At 82p a share, LPA is valued at £9.63m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFSeptember2012_36.pdf

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