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15 February 2023 - contract award

The AIM-listed LED lighting and electro mechanical engineering group has announed that it has been awarded a contract worth £5.3m for the supply of electro-mechanical products to the UK rail industry.  Sales under the contract are expected to start towards the end of the current financial year which ends in September and the contract takes the group's total order book to a record £34m.  As the group only generated revenues of £19.3m in its last financial year this order book is now significant.  The recovery in the fortunes of the . . .

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