11th Feb 2025 11:39
LPA Group PLC - Essex-based engineering firm focused on electronic and electro-mechanical components and systems - Wins a new contract worth GBP1.3 million for the supply of rail inter-car jumpers and connectors, for a new build project with an unnamed "major" UK-based train builder. Product deliveries are expected to start in the summer of 2025 and are scheduled into 2026.
Chief Executive Officer Philo Daniel-Tran says: "This contract award is a significant boost to our manufacturing site in Saffron Walden, Essex and further endorses our role in the UK rail supply chain."
Current stock price: 53.00 pence, flat in London on Tuesday afternoon
12-month change: down 32%
By Emily Parsons, Alliance News reporter
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