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LPA Group

  • BY: Andrew Hore |
  • POSTED: 24/10/2011 |

Lighting, power and electronic systems supplier LPA Group says that a strong fourth quarter means that full year profit will be significantly ahead of expectations.

LED lighting continues to be behind the growth of the business. LPA has won two further orders, worth 600,000, for use in hazardous lighting on the Gorgon Gas Field in Australia. Total orders from this project are more than 1m. A letter of intent has been received from Siemens for LED lighting technology for the Warsaw Metro project. LPA should generate 600,000 in revenues from this during 2012 and 2013.

At 39p a share, up 5.5p, LPA is valued at 4.46m.

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