LONDON (ShareCast) - (Sharecast News) - Electro-mechanical components engineering firm LPA Group reduced both revenue and earnings expectations on Friday due to lower sales at its recently acquired Martek Power business unit and the customer-led delayed delivery of an aerospace contract.
For the year ending 30 September, LPA said group revenues were now expected to fall by roughly £3.0m to £21.5m, while adjusted pre-tax profits losses were seen at around £1.3m.

Reported pre-tax losses were anticipated to come in at £500,000, broadly in line with prior guidance. Order intake for the current year stood at approximately £27.0m,

Looking ahead, LPA said revenues were projected to ease by £1.5m to £27.0m in FY26. However, it also said it remained on track to deliver adjusted pre-tax profits of £600,000, underpinned by accelerated organisational restructuring initiatives.

LPA also announced the sale of freehold premises in Berkshire for £355,000, with cash proceeds earmarked to reduce net debt. Net book value was approximately £86,000 as at 31 March 2025.

The London-listed group said previous LPA operations at the premises have been relocated to other existing LPA sites, with the addition of a smaller leased office in the area.

The profit on disposal net of sale costs was expected to be recognised as exceptional income in the current year's results.

As of 1055 BST, LPA shares were down 3.33% at 43.50p.







Reporting by Iain Gilbert at Sharecast.com

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE