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LPA Group

  • BY: Andrew Hore |
  • POSTED: 03/03/2011 |

LPA Group says that sales in the first four months of this financial year were 1.09m ahead of the same period last year.

The lighting, power and electronic systems supplier also made a modest trading profit int he four month period. Output in February was a record for that month.

Revenue rose 7% to 14.7m in the year to September 2010, with LED products becoming increasingly important contributors. The business swung from a profit of 187,000 to a loss of 458,000. Net debt was 1.88m at the end of September 2010. The final dividend was maintained at 0.4p a share but there was no interim payment last year.

At 33p a share, LPA is valued at 3.78m.

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