AGM Statement

Summary by AI BETAClose X

LPA Group plc anticipates meeting full-year market expectations, projecting a significantly stronger operating performance than the previous year, driven by strengthened customer and stakeholder relationships. The company is developing a new electronics and software solution for a European rail customer by integrating its engineering capabilities with the Martek power converter expertise. Furthermore, LPA Group is now developing its own defence products, including integrated connector and power converter solutions, leveraging group-wide capabilities beyond its traditional value-added distribution model. Shareholder feedback on recent changes, strategy, and successful refinancing has been positive.

Disclaimer*

LPA Group PLC
26 March 2026
 

26 March 2026

LPA Group plc

("LPA Group", "the Group" or "the Company")

AGM Statement

At the 2026 Annual General Meeting of the Group, to be held at 12.00 noon later today, the Chairman, Robert B Horvath, will make the following statement:

"Trading in the first five months of the financial year, together with the current order book and sales pipeline, keeps us on track to meet full-year market expectations. As outlined in my previous statements, we anticipate delivering a significantly stronger operating performance in the current financial year than we did last. 

Our focus over the past six months has been on strengthening customer and stakeholder relationships which is bearing fruit. A few examples of this include:

·   Combining our established engineering and manufacturing capabilities with the power converter expertise acquired through the former Martek business, we have been invited to develop a new electronics and software solution for one of our European rail customers.

·   The defence market for LPA has historically been accessed through our value added distribution business but now with our ability to leverage Group-wide capability we are developing our own products for the defence market; including integrated product solutions of connectors and power converters specifically for defence applications.

·   We have also proactively engaged with a broader range of our shareholders who have significant investments in our shares. We have been given very positive feedback from them on the changes made and strategy set out by the Group over the past year; and especially over the successful refinancing of the business."

 

For further information, please contact:

LPA Group plc

Robert B Horvath, Chairman

Philo Daniel-Tran, Chief Executive Officer

Stuart Stanyard, Chief Financial Officer

 

Tel: +44 (0) 1799 512800

www.lpa-group.com

Cavendish Capital Markets Limited (Nominated Adviser & Broker)

Ed Frisby / Elysia Bough / Joe Smith - Corporate Finance

Ella Bedford - Corporate Broking

Tel: +44 (0) 20 7220 0500

 

About LPA

LPA Group plc (AIM: LPA) is an innovation‑led engineering company that designs and manufactures electronic and electro‑mechanical components and systems.

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 four sites across the UK, selling to customers in the UK and overseas. Three of these are design and manufacturing sites: Saffron Walden, Essex - electro-mechanical systems for rail, aviation and industrial; Knapwell, Cambridge - power supplies for the rail market, Normanton, Yorkshire - LED lighting and electronic systems for rail and infrastructure. The fourth site is Newbury, Berkshire - value-added distribution 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

 

 

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