IN BRIEF: LPA Group shares rise as secures rail aftercare contracts

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LPA Group PLC - Essex, England-based engineering company focused on electronic systems - Secures rail aftercare contracts worth a combined £989,000 over the past five weeks, with deliveries due to begin in October. The awards include a £550,000 contract to supply rail components for a UK train fleet refurbishment programme and a £349,000 deal to manufacture inter-car jumpers for a multinational train maker's overhaul programme. The remaining £90,000 comprises smaller components and spares contracts.

Chief Executive Officer Philo Daniel‑Tran says: "These contract awards are focused on the supply of products for the refurbishment and overhaul of existing rail rolling stock in the UK. The aftercare market continues to be of strategic importance to LPA, and we are pleased to secure this additional business, which further strengthens our position in supporting long‑term fleet maintenance and reliability for our customers."

Current stock price: 69.00 pence each, up 3.8% on Friday afternoon in London

12-month change: up 29%

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