News blog

LPA Group

  • BY: Andrew Hore |
  • POSTED: 07/03/2013 |

LPA Group says trading is getting stronger but the LED lighting and electronics company says the interims may not match the figures reported in the first half of last year. 

January was better than expected and February was even better.  There is a substantial order book for delivery in March.

The delayed rail refranchising process has hit short-term demand in this area, although tendering activity is picking up. Significant investment in overground and underground rail has been announced for the period until 2019. Network Rail alone is planning to invest 37bn over the period. LPA also has export opportunities. LED lighting is a key area of potential demand in the rail sector.

LPA is investing in expanding and moving sites this year. It also plans to sell its existing main site for development.

At 69p a share, LPA is valued at 8.14m.

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