Langley Holdings release 2012 Annual Report & Accounts

Retford, 1 February 2013. Langley Holdings plc today published its Annual Report & Accounts for the year ended 31 December, 2012.

Reporting a profit before tax of €121.3 million (2011: €76.3m), including a non-recurring gain of €25.2 million (2011: €nil), on revenues of €527.1 million (2011: €494.7m), Group Chairman, Tony Langley, said in his Review that 2012 was a remarkably successful year and that the outlook for 2013 was looking positive, although unlikely to surpass 2012, which has set a new record for both operating and pre-tax profits.

Langley went on to say that following the Group’s funding of Manroland Sheetfed GmbH in February 2012, that business was trading within expectations and that it is planned to incorporate the German printing press builder as a division of Langley Holdings plc in 2013.