Interim Trading Statement 2016
Retford, 28th July 2016
For the 6 months to 30th June 2016, Langley Holdings plc, the diverse engineering and industrial group, reported a profit before tax of euros 48.9 million, compared with euros 37.8 million last time.
In his half year review, the group's chairman, Tony Langley, says that the result "exceeded expectations" and that he is anticipating a full year profit before tax of euros 112 million - a 6% increase on 2015.
Commenting on 'BREXIT", Langley says he does not expect the UK's recent referendum decision to leave the European Union will have a substantial effect on the group "one way or the other".
About Langley Holdings plc
Langley Holdings plc is a diverse, privately owned engineering and industrial group based in the UK with principal operating divisions located in Germany and France and more than 80 subsidiaries worldwide. The group's companies produce equipment ranging from electrical systems for data centres, machinery for cement and steel plants to food packaging lines, automotive welding equipment and printing presses. The group was founded in 1975 by the current chairman, Tony Langley, and currently employs around 4,300 people worldwide.