Langley Holdings Releases Annual Report; manroland sheetfed to Become Division

OFFENBACH, GERMANY—February 4, 2013—Langley Holdings PLC, the engineering group behind press builder manroland sheetfed, announced it's 2012 results today.

Langley Holdings PLC, which is controlled by British industrialist Tony Langley, who is also chairman of manroland sheetfed, recorded a profit before tax of €121.3 million (2011: €76.3m), including a non-recurring gain of €25.2m (2011: nil). Langley said in his Chairman’s Review that 2012 had been 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.