REG - LPA Group PLC - Contract Win and Orderbook

LPAAnnouncement

25/05/2023 07:00

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RNS Number : 5797A  LPA Group PLC  25 May 2023

LPA GROUP PLC

("LPA", the "Company" or the "Group")

Contract Win and Orderbook

LPA Group plc, the high reliability LED lighting, electronic and
electro-mechanical system designer and manufacturer announces a record
orderbook of £36m, following receipt of a £2m order from Siemens to supply
lighting on their prestigious Nightjet train destined for delivery to OBB (the
Austrian Federal railways). This is LPA's second order for this platform and
follows its successful introduction into service over the last year.

Production is scheduled to start later this calendar year, following
completion of the first order, with deliveries expected throughout the 2024
and early into the 2025 financial year.

 

 

 Enquires:                           www.lpa-group.com      Tel:

 LPA Group plc
 Robert B Horvath                    Chairman               01799 512 800
 Paul Curtis                         CEO
 Stuart Stanyard                     CFO

 finnCap                             NOMAD and Broker       020 7220 0500
 Ed Frisby / Abigail Kelly

 (Corporate Finance)

 Tim Redfern / Charlotte Sutcliffe

 (ECM)

 

About LPA

 

LPA Group plc (AIM: LPA) is a market leading designer, manufacturer and
supplier of high reliability LED lighting, electronic and electro-mechanical
systems, and a distributor of engineered components.

 

Focused on transport (rail and aviation), defence, infrastructure and
industrial markets and supplying into hostile and challenging environments,
LPA is known for engineering solutions to improve product reliability,
reducing maintenance and life cycle costs.

 

The Group has three sites across the UK, selling to customers in the UK and
overseas. Two of these are design and manufacturing sites: LPA Connection
Systems - electro-mechanical systems for rail, aviation and industrial, and
LPA Lighting Systems - LED lighting and electronic systems for rail and
infrastructure. The third site is LPA Channel Electric - a value added
distributer of engineered components for rail, aerospace and defence.

 

With over 160 years of UK design and manufacture, and with origins in the
first ever light installed in 'Electric Avenue', Brixton; innovation is core
to LPA and to the products and services supplied to our customers worldwide.

 

For more information visit www.lpa-group.com (http://www.lpa-group.com)

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU No.
596/2014) which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

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