Rail Contract Win

RNS Number : 3126J
LPA Group PLC
29 June 2011
 



LPA GROUP PLC

("LPA" or the "Group")

 

 

Rail contract win

LPA Group PLC ("LPA" or "the Group"), the lighting, power and electronics system manufacturer and distributor, announces a significant new contract win by its new business offering, LPA Transport+.

 

LPA Transport+ is a new business initiative by the Group, combining its electro-mechanical, lighting and electronics expertise with onsite installation to provide clients with a total solution for equipment maintenance, refurbishment or upgrade.

 

Under a £0.3m contract, LPA will manufacture and install an upgrade module to the cab desk of a fleet of Electric Multiple Unit trains operating in the South East of England. The contract will commence during this financial year and complete early next financial year.

 

The module will utilise a number of LPA in house skills including design, sheet metal fabrication, painting, screen printing, component procurement, harness build, wiring, assembly and installation on the train.  

 

Peter Pollock, Chief Executive, comments:

 

"This project is very exciting as it combines a number of LPA capabilities in a single source solution for a new client. This demonstrates that the market needs such a service and the response has been very positive."

 

29 June 2011

 

 

 

 

 

 

ENQUIRIES:

 

LPA Group plc


Peter Pollock, Chief Executive

Tel: 07881 626123 or 01799 512844

Steve Brett, Finance Director

Tel: 07881 626127 or 01799 512860



Cairn Financial Advisers LLP

(Nominated Adviser)

Tel: 020 7148 7900

Tony Rawlinson / Avi Robinson




XCAP Securities (Broker)

Tel: 020 7101 7070

David Lawman / David Newton




College Hill

Tel: 020 7457 2020

Gareth David


 


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