Lakeland Industries Unit Secures Contract Extension in New Zealand; Shares Rise

MT Newswires Live

2025/02/05

Lakeland Industries (LAKE) said Tuesday its Lakeland LHD unit's contract with Fire and Emergency New Zealand for the supply, fitment, and logistics management of protective firefighting gear has been renewed for up to 12 years.

The contract has an initial term of five years, with renewal provisions extending it up to 12 years, the company said.

Financial details weren't disclosed.

Shares of Lakeland were up more than 3% in recent trading.

Price: 23.34, Change: +0.72, Percent Change: +3.18

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