Trading update
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05 December 2006
News Release
LPA wins electrical systems orders for Hitachi Ld high speed trains.
LPA Group PLC (‘LPA’), the AIM-listed electrical systems supplier, is delighted to announce that its subsidiaries, LPA Excil Electronics and LPA Niphan Systems have received orders to supply systems forHitachi Ld’s ‘Javelin’ Electric Multiple Unit High Speed Trains, which will serve the London Olympics and provide high speed commuter services to Kent from 2009.
LPA Excil, based near Leeds, will design and supply the saloon lighting for the trains and LPA Niphan will provide the power supply for the trains when they are stabled in the depots. In total, the contracts are worth £0.8m, with deliveries commencing during this financial year and continuing until 2008.
LPA will be announcing its results for the year ended 30th September 2006 next month.
Peter Pollock, LPA Chief Executive, comments:
‘These are important new orders and confirm LPA as a supplier to Hitachi Ld on this most prestigious project and follow our previous contract with Hitachi Ltd for the supply of lighting for the Sentosa monorail in Singapore.’
5 December 2006
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