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68.50    0.00 (0.00%)
Bid:
65.00
Ask:
72.00
Spread: 7.00 (10.769%)
Market Cap: £9.05m
LPA Live PriceLast checked at - London Stock Exchange

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AGM Statement

11 Mar 2008 12:00

LPA Group PLC11 March 2008 LPA GROUP PLC A.G.M. Trading Update LPA Group PLC is an AIM-quoted manufacturer and distributor of lighting, powerand electronics systems. At today's Annual General Meeting ("A.G.M."), MichaelRusch, Chairman made the following comments on current trading: "In the Annual Report I stated that whilst the current year had startedstrongly, the second quarter would be weaker and, therefore, progress in theyear would be limited. However, I am pleased to report that, so far, trading isrobust. "Routine orders are currently significantly ahead of the same period last yearand cash flow has been particularly strong. Projects for which we have eitherbeen selected, are well placed, or for which we are awaiting adjudication, areat very high levels. "2008 is the 100th anniversary of the founding of Light and Power Accessories byErnest Joseph Lott. I hope to be able to mark this event in a tangible way andto give a positive update with the interim figures due in June. "Whilst we expect the remainder of the year to be challenging, I am encouragedby prospects for our rail business in particular, and I am hopeful that we willhave major orders to announce during the current year." 11 March 2008 ENQUIRIES: Peter Pollock LPA Group PLC 07881 626123 / 01799 512844 Thilo Hoffman Landsbanki Securites 020 7426 9000 Gareth David College Hill 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange
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