LPA Group PLC
22 April 2013
LPA Group PLC, a provider of electronic and electro mechanical systems, rose 5.5% to 67.0p.
15 April 2013
LPA Group PLC, a provider of electronic and electro mechanical systems was unchanged at 63.5p.
1 April 2013
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 4.4% to 65.5p.
28 January 2013
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 10.9% to 69.5p, and emerged as the largest faller in the Cambridge Index. The company, in its preliminary results for the year ended 30 September 2012, announced that revenues stood at £18.35 million, up from £17.32 million and operating profits increased to £921,000 from £434,000 recorded in the last year. Pre-tax profit more than doubled to £877,000 from £400,000 and basic earnings per share increased to 6.37p. The board also increased the final dividend by 20% to 0.60p from 0.50p. LPA also bagged a £0.8 million contract for LPA Transport+ and further contracts worth £0.5 million for Heathrow airport’s Aircraft Ground Power Supply units.
21 January 2013
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 4.3% to 78.0p.
14 January 2013
LPA Group PLC, a provider of electronic and electro mechanical systems, rose 13.2% to 81.5p.
10 December 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, declined, 4.1% to 70.0p.
26 November 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, added 9.8% to 73.0p. The company announced that the Saffron Walden Planning Committee has approved the grant of Outline Planning Permission for 24 houses on the Tudor Works site. The company said that it would evaluate options regarding the sale of the site and make appropriate announcement in due course.
Chief Executive Officer, Peter Pollock, said, “This is very welcome news that the Tudor Works site, can now be developed to provide new homes in the residential area of Saffron Walden. Getting Outline Planning Permission was a major step towards the relocation of our electro mechanical business to the vastly more suitable Shire Hill facility, and the retention of employment and our skilled team in Saffron Walden. This is only one of a number of objectives which we plan to achieve over the coming year. We look forward to advising our shareholders and stakeholders of progress in due course. The financial year ended on 30th September 2012 is likely to have comfortably exceeded expectations and the current year has started strongly.”
12 November 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, gained 3.7% to 69.5p.
5 November 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 10.1% to 67.0p and emerged as the largest faller in the Cambridge Index.
29 October 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, eased 2.6% to 74.5p. The company announced that, pursuant to the exercise of options, it has issued 20,000 new ordinary shares of 10p each. Application has been made to the London Stock Exchange for the 20,000 ordinary shares to be admitted to trading on AIM and admission is expected to occur on 30 October 2012. Following the above issue of equity, the issued share capital of the Company will comprise 11,780,229 ordinary shares of 10p each.
8 October 2012
LPA Group PLC, a provider of electronic and electro mechanical systems fell 8.9% to 81.5p.
1 October 2012
LPA Group PLC, a provider of electronic and electro mechanical systems added 9.8% to 89.5p.
17 September 2012
LPA Group PLC, a provider of electronic and electro mechanical systems fell 4.7% to 81.5p.
10 September 2012
LPA Group PLC, a provider of electronic and electro mechanical systems lost 3.9% to 85.5p.
27 August 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, jumped 17.4% to 89.3p. The company, in its trading update, announced that it expects its annual results to significantly exceed forecasts, following stronger-than-expected third quarter and strong start to the final quarter. The company added that it would continue to exercise good control over working capital and would invest in strengthening sales, commercial, project management and technical resources to promote growth. LPA also mentioned that it continued to benefit from strong order book through 2013 and in to 2014.
20 August 2012
LPA Group PLC, a provider of electronic and electro mechanical systems surged 16.9% to 76.0p and emerged as the top gainer in the Cambridge Index.
23 July 2012
LPA Group PLC, a provider of electronic and electro mechanical systems soared 32.3% to 63.5p. The company noted that its Non Executive Director, Per Staehr, bought 10,500 shares at a price of 57.80p, increasing his holding to 155,500 shares, representing 1.34% of its issued share capital.
2 July 2012
LPA Group PLC, a provider of electronic and electro mechanical systems rose 12.9% to 48.0p. The company, in its results for the six months ended 31 March 2012, announced that revenues climbed 5.7% to £8.9 million from £8.4 million, while pre-tax profit doubled to £0.31 million from £0.15 million recorded in the same period a year ago. Diluted earnings per share stood at 2.22p, up 83% from 1.21p. The board proposed a dividend 0.50p, up 25% from 0.40p recorded earlier.
Chairman, Michael Rusch, said, “Over the last few weeks our distribution business has won a major contract to supply components to a civil aircraft programme which will extend over several years commencing in 2014. In addition our electro-mechanical business has been awarded contracts to manufacture and supply aircraft ground power supply units to Heathrow and Mauritius airports and has won a contract to manufacture, supply and install an Ethernet backbone and inter-car jumpers for a commuter train upgrade; our LED Lighting business won its first significant contract from Transport for London to supply our LumiPanel lighting for a road underpass. Deliveries of these orders will commence this financial year. We have submitted an application for outline planning permission for a development of at least 20 houses on our site in Saffron Walden and expect further significant progress in the second half.”
4 June 2012
LPA Group PLC, a provider of electronic and electro mechanical systems, declined 3.5% to 41.5p.
14 November 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, rallied 14.6% to 47.0p and emerged as the top gainer in the Cambridge Index, after the company announced a contract worth £0.7 million to supply jumpers for the Taiwan High Speed Tilting Train, adding that the positive trend experienced during the final quarter of last year has continued since 1 October and trading is ahead of internal expectations.
7 November 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, added 5.1% to 41.0p. The company announced that it has identified an existing factory in Saffron Walden, which would potentially provide suitable long term accommodation for LPA Industries and for the group’s head office. The Group is currently carrying out due diligence on this factory.
Tudor Works is currently the group’s head office and home of LPA Industries. Offers to acquire Tudor Works have been received from a number of house-builders interested in redeveloping the site for residential use.
Chief Executive, Peter Pollock said, “I am pleased by the support we have received for our proposed re-location in Saffron Walden. Securing the future of LPA Industries in Saffron Walden and realising value from a sale of Tudor Works are two major objectives of the Board which, due to circumstances beyond our control have taken a long time to progress, but should be reflected in enhanced shareholder value.”
31 October 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, jumped 16.4% to 39.0p, after the company, in its trading update, announced that it has experienced stronger than expected trading during the final quarter of its financial year ended 30 September 2011, adding that the group’s full year results are likely to exceed market expectations.
Chief Executive Officer, Peter Pollock said “Our LED lighting business is really beginning to demonstrate its growth potential and it is great to be building a worthwhile relationship with Siemens, one of the world’s leading suppliers of rail vehicles. Group prospects in the new financial year remain encouraging.”
Separately, the company announced that it has won two orders totalling £0.6 million for LED light engines for use in hazardous area lighting on the Gorgon Gas Field in Australia. These are due for delivery in the current financial year and bring the total value of orders received on this project to more than £1 million.
Additionally, LPA announced that it has received a letter of intent from Siemens, together with an order to cover initial design and tooling, to supply LED LumiMatrix lighting for the Warsaw Metro project, which is the first application using Siemens new Inspiro Metro product. The value of the first phase of the project is expected to be £0.6 million with delivery during 2012 and 2013.
26 September 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, remained unchanged at 33.5p.
15 August 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, declined 2.9% to 33.5p.
18 July 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, remained flat at 35.5p.
4 July 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, jumped 14.8% to 35.0p, after the company, in its interim results for the six months ended 1 April 2011, announced that revenues rose to £8.4 million from £6.9 million and profit before tax stood at £0.2 million, compared to a loss of £0.3 million recorded in the same period a year ago.
The board has proposed to restore the interim dividend at 0.40p per share (2010: nil)
Chairman, Michael Rusch said, “Despite the previously announced rescheduling of £0.5 million of customer delivery requirements from this financial year into later periods, we expect to progress further in the second half.”
Separately, the company announced that its new business offering, LPA Transport+ has won a new contract worth £0.3 million. Under the contract, LPA would 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.
Chief Executive, Peter Pollock said, “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.”
The company also announced that Non-Executive Director, Per Staehr purchased 10,000 ordinary shares at a price of 34.5p per share. Following the transaction, Per Staehr is beneficially interested in 125,000 ordinary shares, representing 1.09% of the company's issued share capital.
9 May 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, added 3.3% to 31.5p, after the company announced that its lighting subsidiary has secured an initial order worth £0.4 million to supply a version of its LED-based ‘LumiMatrix’ TM light engine for use in hazardous areas during the development of the Gorgon Gas Field off Western Australia.
Separately, the company, in its trading update, announced that the modest trading profit and record output achieved by LPA in February 2011, has increased its confidence about the progress at the half year and good growth for the year as a whole. The company hoped that the satisfactory output in March 2011 would result in a return to profit for the first half.
Chief Executive officer, Peter Pollock said, “The importance of our LED-based lighting technology to the future of the Group continues to manifest itself and this new contract is one of several opportunities which we have been pursuing for some time. It is particularly exciting because it moves our LED technology into a significant new market.”
21 March 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 7.8% to 29.5p.
31 January 2011
LPA Group PLC, a provider of electronic and electro mechanical systems, dropped 5.9% to 32.0p, after the company, in its preliminary results for the year ended 30 September 2010, posted a pre-tax loss of £0.5 million, compared to a profit of £0.2 million recorded in the previous year. However, revenues rose 7.3% to £14.7 million from £13.7 million.
The board has declared a final dividend of 0.40p.
Chief Executive, Peter Pollock said, “Approximately £2.3 million of production orders, which were delayed and had such a negative impact on the whole of last year, will largely be delivered during the current year giving a healthy base level of activity. The recently announced major LED lighting order for SNCF (French Railways) is an important break-through and one of a number of large opportunities we are seeking to secure this year. Overall, performance has improved substantially, but there is further to go. We look forward to the current year and beyond with much more confidence.”
29 December 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, added 7.9% to 34.0p, after the company revealed that it bagged an initial order worth £0.6 million to supply LED reading lights for the French railway operator SNCF.
The company stated that this initial order was for 142 train sets with options for a total of up to 1,000 train sets, representing a potential value of £4.5 million over 10 years.
Albeit the second half of the financial year ended 30th September proving to be disappointing, LPA mentioned that the financial year finished strongly, and the start of the current financial year was much better than the corresponding period last year.
8 November 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, surged 8.6% to 31.5p.
1 November 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, tumbled 9.4% to 29.0p.
6 September 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, plunged 6.3% to 30.0p, emerging as the top loser in the Cambridge Index.
16 August 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, rose 3.2% to 32.0p.
26 July 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, closed 3.1% lower, at 31.0p.
28 June 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, added 3.4% to 30.0p.
21 June 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, slid 3.3% to 29.0p.
24 May 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, plummeted 16.4% to 28.0p.
17 May 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, declined 1.5% to 33.5p.
3 May 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, added 4.3% to 36.0p. The company noted that Non-Executive Director, Per Staehr, purchased 2,500 ordinary shares at a price of 36p per share on 23 April 2010. Per Staehr is beneficially interested in 82,500 ordinary shares, or 0.72% of the company’s issued ordinary share capital.
26 April 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, rallied 7.8% to 34.5p.
19 April 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, soared 23.1% to 32.0p. The company announced that Non-Executive Director, Per Staehr, has acquired 10,000 ordinary shares at 28p per ordinary share. The company added that he is interested in 75,000 ordinary shares, representing 0.66% of the issued share capital.
Separately, the company announced that its nominated adviser, Blomfield Corporate Finance Limited has changed its name to Religare Capital Markets (UK) Limited and its broker, Religare Hichens Harrison Plc has changed its name to Religare Capital Markets Plc.
5 April 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, dipped 8.9% to 25.5p.
22 March 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, dropped 9.7% to 28.0p.
1 February 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, plunged 11.6% to 30.5p, emerging as the top loser in the Cambridge Index, after the company announced that its full-year turnover fell 9.1% to £13.7 million from £15.1 million and profit before taxation declined 51.0% to £187,000 from £382,000 recorded for the previous year. However, the company added that the overall outlook has been positive.
18 January 2010
LPA Group PLC, a provider of electronic and electro mechanical systems, eased 4.2% to 34.5p.
24 August 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 5.4% to 35.0p.
29 June 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, rose 8.6% to 38.0p, after announcing that its order book had grown 96% to £12.6 million at 31 March 2009 compared to a year ago. The company posted a 9% decline in first half revenue and 54% fall in first half pre-tax profits, but increased the interim dividend payment to 0.50p from 0.25p, as it remained confident about its future prospects.
The company, in its interim results for the six month ended 31 March 2009, announced that its revenue declined 9% to £7.0 million from £7.7 million recorded in the same period last year. Profit before taxation stood at £79,000, down from £173,000. Both basic and diluted earnings per share amounted to 0.54p, down from 1.13p.
15 June 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, sank 16.7% to 35.0p, after warning that its output for the first half declined 8.5%, compared to a year ago due to the severe recession. As a result, the company sees its output to fall short of last year’s figures.
Separately, LPA Group confirmed that an agreement with Downer EDI for lighting work in Australia worth £4.7 million had actually risen to £5.7 million, as the scope of the contract had increased.
27 April 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, climbed 30.2% to 41.0p.
20 April 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, eased 6.0% to 31.5p.
16 February 2009
LPA Group PLC, a provider of electronic and electro mechanical systems, gained 13.3% to 34.0p. The company announced that its subsidiary, Excil Electronics Limited has bagged a £4.7 million contract from Downer EDI Rail to supply LED-based lighting for a new fleet of suburban trains in Sydney, Australia.
Chief Executive, Peter Pollock said “Once confirmed this will be the largest contract ever awarded to LPA, and follows our earlier £2.5 million contract, announced last September, for the supply of electrical inter-car connection equipment to Downer EDI Rail for this new fleet of trains. Our order book was already at record levels, this contract, once confirmed, will raise the levels to new heights.”
13 October 2008
LPA Group PLC, a provider of electronic and electro mechanical systems, remained unchanged at 31.5p.
12 May 2008
LPA Group PLC, a provider of electronic and electro mechanical systems, fell 8.7% to settle at 31.5p.
21 April 2008
LPA Group PLC, a provider of electronic and electro mechanical systems, declined by 8.2% to 33.5p.
17 March 2008
LPA Group PLC, a provider of electronic and electro mechanical systems, climbed 13.0% to 39.0p after LPA stated that its trading during the current financial year is robust with routine orders significantly ahead of the same period last year and strong cash flow. However, LPA expects the remainder of the year to be challenging but is encouraged by its rail business prospects. The company is hopeful that it will receive major orders during the current year.
Research and analysis for these reports has been conducted by Dawnay Day AV Analytics on behalf of NW Brown Group.
