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17 June 2021 - interim results

AIM-listed LPA Group has announced results covering the six months ended 31 March 2021.  The company, which is a high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, reported revenue of £9.3m versus £10.8m in 2020.  Underlying operating profit was £0.15m (2020: £0.23m) and profit before tax £0.10m (2020: £0.19m).  Basic earnings per share were 1.67p (2020: 2.08p).  No interim dividend was declared.  Net debt was reduced to £1.77m (2020: £3.17m), which saw gearing almost halved to 13.5% (2020: 25 . . .

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