News blog
LPA Group
- BY: Andrew Hore |
- POSTED: 22/08/2012 |
LED lighting and electro-mechanical system manufacturer LPA Group says that trading was very strong at the end of its financial year and this has led to a second upgrade in the past three months.
Profit expectations for the year to September 2012 have been upgraded from £600,000 to £780,000. Three months ago the profit forecast was £500,000.
Trading is expected to continue to be strong. LPA says it is benefiting from orders delayed in 2010 because they are coming through in 2013 and 2014.
At 91.5p a share, up 9.5p, LPA is valued at £10.6m. The shares are trading on 16 prospective earnings.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFAugust2012_35.pdf
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