Langley Interim Trading Statement 2015

Langley Holdings plc has today published its Interim Trading Statement for the six months to 30 June 2015.

Net assets at Langley Holdings plc, the diverse engineering and industrial group, which employs around 4,300 people across its five divisions, stood just short of euros 600 million at the period end.

The group posted a profit before tax (PBT) of euros 38 million on revenue of euros 417 million and is forecasting euros 94 million on euros 946 million for the full year.

Tony Langley, in his chairman’s review says that Druck Chemie, the print chemicals business acquired in November last year, was trading “satisfactorily” and that the group is moving steadily toward the billion revenue mark. He also says that pre-tax profits could “feasibly” reach the euros 100 million milestone this year.

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