Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:   COVID-19 Coverage   Printing Outlook 2020   WhatTheyThink Magazine     Production Inkjet     Installations and Placements

Langley (manroland parent) Publishes 2014 Results

Monday, February 09, 2015

Press release from the issuing company

Langley Holdings plc, the diverse engineering group, today published its IFRS Annual Report & Accounts for the year ended 31 December, 2014. The group reported a profit before tax of €100.6 million on revenues of €779.4 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 2014 had been another remarkably successful year.

Manroland Sheetfed, the printing press builder acquired in 2012, is the group's largest division in revenue and employee terms and 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 whilst the “other businesses” division, principally Bradman Lake, the packaging machinery specialist, also had a satisfactory year.

ARO, the manufacturer of welding machinery for the automobile sector, experienced another successful year despite the expected downturn in demand which did not materialise in 2014.

In his concluding remarks Langley acknowledged the contribution made by the group's circa. 4,000 employees and welcomed around 300 employees of the newly acquired DruckChemie group to the family of businesses, saying that he is confident 2015 will be a successful year for the group.



By Rossitza Sardjeva on Feb 09, 2015

It is very good that manroland sheet fed printing acquired Druck Chemie group, it will be good for the printing process...


Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free



Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2020 WhatTheyThink. All Rights Reserved