Lpa Group PlcLSE: LPA

£1.5 million rail equipment c

RNS Number : 0406I
LPA Group PLC
13 November 2008
 

LPA Group PLC 

£1.5 million rail equipment contract from Bombardier 

LPA Group PLC ('LPA' or the 'Group') is pleased to announce that its wholly-owned subsidiary, LPA Industries Limited (trading as 'LPA Niphan Systems'), has been awarded a £1.55 million contract to supply stand-by power systems (Battery Rafts) and inter-car electrical interfaces (Jumpers) for a total of 93 Turbostar Diesel Multiple Units ('DMUs') being manufactured by Bombardier Transportation UK Limited in Derby. 

Delivery will commence during the first quarter of 2009 and extend in to 2010. LPA has been supplying similar equipment for Turbostar DMUs since 1998 and this contract brings the total number of such systems to be supplied since 1998 to nearly 500.

Peter Pollock, Chief Executive, comments:

'After a gap of more than three years in Turbostar production, this third significant rail contract we have won in the past two months is very welcome news, helping secure the future for LPA Niphan Systems, which now has a healthy order book extending several years in to the future. We are working hard to secure other near term opportunities for the Group and expect to announce further contract wins in due course.'

13 November 2008

ENQUIRIES:

LPA Group PLC   

Tel: 01799 512800

Peter Pollock, Chief Executive

Steve Brett, Finance Director

Blomfield Corporate Finance Limited  

Tel:  020 7489 4500

Alan MacKenzie

Peter Trevelyan-Clark

Ben Jeynes   

Religare Hichens, Harrison plc

Tel: 020 7382 7781

Daniel Briggs

Alan Rooke

College Hill    

Tel: 020 7457 2020

Gareth David 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAKFAFFXPFFE