LPA Group awarded contract from 'major' UK-based train builder

(Sharecast News) - Electronic components firm LPA Group said on Wednesday that it had been awarded a contract from "a major UK-based train builder". LPA Group said the contract was for the supply of inter-car jumpers for the replacement programme on the Eurostar fleet.

The AIM-listed group also noted that with a contract value of £1.72m, product deliveries were scheduled to start immediately and will continue until June 2026.

Chief executive Philo Daniel-Tran said: "Our commitment to invest in the acquisition of the Amphenol product range in 2023 is endorsed by this contract win and demonstrates that the rail aftercare market continues to be a key sector for LPA.

"We look forward to working collaboratively with the customer to support the maintenance and refurbishment of the Electrostar fleet."

As of 1410 GMT, LPA shares were down 1.3.21% at 41.80p.









Reporting by Iain Gilbert at Sharecast.com