Langley Holdings Releases Annual Report; manroland sheetfed to Become Division

Langley (58) also reports that the press builder was re-structured in 2012 to reach an operating break-even on €350 million of revenues, the level achieved in 2012, and that he is expecting to see "something of an improvement" on this in 2013.

manroland sheetfed is not as yet incorporated within the Langley Holdings PLC group and will report its results in March. However, unaudited headline figures are included in the Chairman’s Review and the company says that it intends to formally bring the press builder into the group as a division later this year.