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LPA Group plc ( (GB:LPA) ) has provided an update.
LPA Group plc has secured a £1.3 million contract to supply rail inter-car jumpers and connectors for a major UK train builder. This contract is expected to enhance LPA’s manufacturing capabilities at its Saffron Walden site and reinforce its position within the UK rail supply chain, with product deliveries anticipated to begin in summer 2025 and continue into 2026.
More about LPA Group plc
LPA Group plc is an innovation-led engineering specialist focusing on electronic and electro-mechanical components and systems. It caters to the transport, aerospace, defence, infrastructure, and industrial markets, providing solutions that enhance product reliability and reduce maintenance costs. The company operates three sites across the UK, with facilities in Saffron Walden, Essex, and Normanton, Yorkshire, dedicated to design and manufacturing, and a site in Thatcham, Berkshire, for value-added distribution.
YTD Price Performance: -19.40%
Average Trading Volume: 13,817
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.14M
For an in-depth examination of LPA stock, go to TipRanks’ Stock Analysis page.