LPA Group PLC Contract Win and Orderbook (5797A)

TIDMLPA

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 GBP36m, following receipt of a GBP2m 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 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CNTEAESLASEDEAA

(END) Dow Jones Newswires

May 25, 2023 02:00 ET (06:00 GMT)