By Jon Robinson
Engineering group Langley Holdings plc, the parent company of Manroland Sheetfed after its acquisition in 2012, published its IFRS Annual Report & Accounts for the year ended 31 December, 2014.
Langley reported a profit before tax of €100.6 million on revenues of €779.4 million. Chairman Tony Langley said that the group’s divisions had performed in line with or ahead of expectations. Manroland Sheetfed, Langley’s largest division in terms of revenue and employees, reported a small profit.
Piller, the producer of power protection systems for data centres and Claudius Peters, the plant machinery constructor, performed in line with expectations while the other businesses division, principally Bradman Lake, the packaging machinery specialist, also had what Langley classifies as a satisfactory year.
Langley also acknowledged the contribution made by the group’s 4,000 employees and welcomed around 300 employees of the newly acquired DruckChemie group to the family of businesses.