Re Contract

RNS Number : 4302W

LPA Group PLC

31 January 2012

 



LPA GROUP PLC

("LPA" or the "Group")

New contract and trading update

New contract

Further to its announcement on 24 October 2011, LPA, the LED lighting and electro-mechanical engineering group, is pleased to announce that the letter of intent received from Siemens in October 2011, to supply its LumiMatrix™ lighting for Warsaw Metro, has been confirmed as a £0.6 million order. Deliveries of this first phase of the project are expected to commence during the spring of 2012 and continue through 2013. Warsaw Metro is the first customer to use Siemens' new Inspiro Metro train.

LumiMatrix™ is a modular LED-based light engine that can be configured in rectangular or near circular shapes to fit almost any light fitting or application. It is available using chip or power LEDs in most commonly used voltages and in ac or dc.

Trading Update

LPA enjoyed stronger than expected trading during the first quarter of its financial year ending 30 September 2012 and the Board is very happy with the progress it is making at this point in the year.

Peter Pollock, Chief Executive, commented:

"We are delighted to be working with Siemens, one of the leading train builders in the world, and a very significant supplier of trains to the UK. Group prospects in the current financial year remain encouraging."

 

31 January 2012

ENQUIRIES:

LPA Group plc
Peter Pollock, Chief Executive	Tel: [phone] or 01799 512844
Steve Brett, Finance Director	Tel: [phone] or 01799 512860
Cairn Financial Advisers LLP (Nominated Adviser)	Tel: [phone]
Tony Rawlinson / Avi Robinson
XCAP Securities (Broker)	Tel: [phone]
David Lawman / Adrian Kirk
College Hill (PR Adviser)	Tel: [phone]
Mark Garraway Helen Tarbet

 

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