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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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