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LPA Group PLC announced three new contract awards in the export rail market with a total combined value of £4m. These contracts involve the design, supply, and manufacture of bespoke LED lighting and seat electronics for SNCF Voyageurs SA (over five years), Siemens Mobility GmbH (by end-2025), and Grammer AG (for 15 Avelia Horizon trains by end-2026).
| Date | 17 Dec 2024 |
| Time | 07:00:07 |
| Category | Miscellaneous |
| ID | 3056Q |
17 December 2024
LPA GROUP PLC
("LPA", the "Company" or the "Group")
New contract awards
LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, is pleased to announce three project awards in the export rail market, for a total combined value of £4m.
SNCF Voyageurs
Contract award from SNCF Voyageurs SA, the national French rail operator, for the design and supply of bespoke interior LED lighting for the retrofit of regional and inter-city fleets over the next five years. This is a significant milestone as the Company is renewing a 16-year-old partnership with SNCF with this prestigious contract win.
Siemens Mobility
Contract award from Siemens Mobility GmbH, one of the leading providers of rail mobility solutions including rolling stock, rail infrastructure, rail services and software. LPA will manufacture bespoke LED lighting as part of the overhaul of the Munich Metro rolling stock interior lighting system. This contract is deliverable by the end of 2025.
Grammer
Contract award from Grammer AG, one of the world's leading manufacturers of seating systems. LPA will design and supply seat electronics and lighting for the CSI (Corridor Sud Italie) project, which will be fitted into 15 Avelia Horizon next generation TGV trains, being built by Alstom Transport, in France, for SNCF. This contract award is deliverable by the end of 2026.
Robert Horvath, Chairman commented:
"The contract awards by these three prestigious export customers are an endorsement to our worldwide reputation for product innovation and design in both lighting and electronics."
For further information, please contact:
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LPA Group plc Robert B Horvath, Chairman Stuart Stanyard, Chief Financial Officer |
Tel: +44 (0) 1799 512800 www.lpa-group.com |
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Cavendish Capital Markets Limited (Nominated Adviser & Broker) Ed Frisby / Elysia Bough - Corporate Finance Tim Redfern - Corporate Broking |
Tel: +44 (0) 20 7220 0500
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Hudson Sandler (Financial PR) Dan de Belder Nick Moore Francesca Rosser |
Tel: +44 (0) 20 7796 4133
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About LPA
LPA Group plc (AIM: LPA) is an innovation-led engineering specialist in electronic and electro-mechanical components and systems.
Focused on transport (rail and aviation), defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reducing maintenance and life cycle costs.
The Group has three sites across the UK, selling to customers in the UK and overseas. Two of these are design and manufacturing sites: LPA Connection Systems - electro-mechanical systems for rail, aviation and industrial, and LPA Lighting Systems - LED lighting and electronic systems for rail and infrastructure. The third site is LPA Channel Electric - a value-added distributor of engineered components for rail, aerospace, and defence.
With over 160 years of UK design and manufacture, and with origins in the first ever light installed in 'Electric Avenue', Brixton; innovation is core to LPA and to the products and services supplied to our customers worldwide.
For more information visit www.lpa-group.com