New record PBT for a first half…post-pandemic recovery well under way.
Retford – 27th July, 2023
Langley Holdings plc, parent company to The Clarke Chapman Group today published its Interim Trading Statement for the 6 months to 30 June, 2023.
In an upbeat Chairman’s Review of first half trading, Chairman & CEO Tony Langley said that the group had posted a new record Profit Before Tax (PBT) for a first half and was continuing its post-pandemic recovery.
The group recorded a PBT of €52.2 million for the 6 months to June and is forecasting €125 million for the full year, on revenues of €1.3 billion.
Net assets rose to €873.4 million, up from €844.4 million at June 2022. Consolidated cash stood at €248.4 million.
To download Langley Holdings plc Interim Trading Statement for the 6 months ended 30 June 2023, including Key Highlights and Chairman’s Review, click here
Trouble loading PageTurner? Click here for PDF version.
About Langley Holdings
Langley Holdings plc is a privately owned UK-based engineering and industrial manufacturing group, principally producing capital equipment for diverse markets worldwide. Langley businesses are either outright market leaders, or occupy strong niche positions in their respective fields, providing advanced technologies in a solutions-based approach. The group operates in three principal areas: Power Solutions, Print Technologies and Other Industrials. The group’s operations are based in Germany, Italy, France the UK and Norway, with 18 production facilities in Europe, Scandinavia, the UK and the USA. The group has more than 90 sales and service subsidiaries worldwide and employs over 5,000 people. Langley Holdings was established in 1975 by the current Chairman & CEO, Anthony Langley and remains entirely in family ownership.
About Clarke Chapman
Clarke Chapman formerly Rolls Royce Materials Handling division (incorporating Stothert & Pitt, Cowans Sheldon and Wellman Booth) can trace their roots back well over a century. Today Clarke Chapman produces highly specialised handling equipment and support services for the nuclear, steel, rail and other industries. The group operates from strategic locations throughout the UK. Since 2000 the company has been a part of Langley Holdings PLC.