Successful 2013 for Langley

UK based Langley Holdings plc, the diverse engineering group, recently published its IFRS Annual Report & Accounts for the year ended 31 December, 2013. The group reported a profit before tax of €91.4 million on revenues of €833.9 million. Group chairman Tony Langley said in his review of the business that the group’s divisions had performed in line with or ahead of expectations and that 2013 had been another “remarkably successful year.”

Manroland Sheetfed, the printing press manufacturer acquired in 2012, was integrated during the year to become the group’s largest division in revenue and employee terms and reported a small profit.

Claudius Peters, the plant machinery constructor, performed in line with expectations on slightly reduced turnover whilst the other businesses division, principally Bradman Lake, the packaging machinery specialist, also performed in line.

In his concluding remarks Langley acknowledged the contribution made by the group’s circa 4,000 employees and welcomed employees of the new Manroland division to “our family of businesses”, saying that he is confident 2014 will be a “satisfactory year” for the group.