2nd Nov 2015 08:00
LONDON (Alliance News) - LPA Group PLC on Monday said it has seen a significant improvement in trading in the second half, following a tough first half, and now anticipates its full-year results will outpace market expectations.
LPA, which provides lighting and electro mechanical systems to the transport industry, said it has seen much stronger trading in the second half, with previous problems it had faced on the fabrication capability of its electro-mechanical facility, now largely overcome.
Order entry was strong over the course of the year, with total order intake hitting a record of GBP26.8 million, leaving its order book at the year end at GBP18.0 million.
LPA said that given the record order entry, it is optimistic on its prospects for the future.
By Sam Unsted; [email protected]; @SamUAtAlliance
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