{"id":623,"date":"2022-02-16T09:00:02","date_gmt":"2022-02-16T09:00:02","guid":{"rendered":"https:\/\/langley-holdings.whattheframework.uk\/it-it\/?p=623"},"modified":"2023-09-13T09:02:21","modified_gmt":"2023-09-13T09:02:21","slug":"annual-report-accounts-2021-published-today","status":"publish","type":"post","link":"https:\/\/www.langleyholdings.com\/it-it\/blog\/2022\/02\/16\/annual-report-accounts-2021-published-today\/","title":{"rendered":"Annual Report & Accounts 2021 published today"},"content":{"rendered":"

Retford – 16th February, 2022<\/em><\/p>\n

Langley Holdings plc, the diverse engineering and industrial group, has today published its IFRS Annual Report & Accounts for 2021.<\/p>\n

In the year to 31 December, the group reported a profit before tax (PBT) of \u20ac128.2 million. Revenues for the period were \u20ac814.6 million. Consolidated cash at the year end stood at \u20ac291.0 million and net assets \u20ac835.7 million.<\/p>\n

The group reported that on 31 December it had acquired Norwegian engine builder, Bergen Engines AS, together with overseas subsidiaries, from Rolls-Royce plc for \u20ac91 million in cash.<\/p>\n

In his Chairman\u2019s Review of the business, Mr Tony Langley said that order intake had reached \u201crecord levels across the group\u201d and that [the] \u201cacquisition of Bergen Engines from Rolls-Royce represents a seminal moment\u2026\u201d<\/p>\n

Bergen Engines, which builds large gas and liquid fuelled engines for marine and land based power generation applications, is to become \u201c\u2026 a central pillar of the group\u2019s net zero strategy\u201d.<\/p>\n

Bergen Engines will become the core of a newly formed Power Solutions Division that will pursue opportunities in the rapidly developing microgrid sector, along with Piller Power Systems, the group\u2019s German power stabilisation specialist and; Marelli Motori, the Italian electric motors and generators producer.<\/p>\n

Orders on hand increased significantly during 2021 culminating in a backlog of almost \u20ac800 million at the year-end.<\/p>\n

Langley is expecting a \u201cstep change\u201d in 2022 with revenues reaching \u20ac1.3 billion, of which \u20ac600 million from Power Solutions, \u20ac400 million from Print Technologies and \u20ac300 million from the Other Industrials divisions.<\/p>\n

About Langley Holdings<\/strong><\/p>\n

Langley Holdings plc is a privately owned UK based engineering and industrial manufacturing group, principally producing capital equipment to diverse markets worldwide.<\/p>\n

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 :<\/p>\n

– Power Solutions
\n– Print Technologies
\n– Other Industrials<\/p>\n

The group\u2019s operations are based in Germany, Italy, France the UK and Norway, with 18 production facilities in Europe, the UK and the USA and a global manufacturing footprint of over 1,000,000 sq.m. (11,000,000 sq.ft.)<\/p>\n

The group more has more than 90 sales and service subsidiaries worldwide and employs around 5,400 people. Revenues for 2022 are expected to be circa. \u20ac1.3 billion.<\/p>\n

The group was established in 1975 by the current Chairman & CEO, Mr Anthony Langley and remains entirely in family ownership.<\/p>\n","protected":false},"excerpt":{"rendered":"

Retford – 16th February, 2022 Langley Holdings plc, the diverse engineering and industrial group, has today published its IFRS Annual Report & Accounts for 2021. In the year to 31 December, the group reported a profit before tax (PBT) of \u20ac128.2 million. Revenues for the period were \u20ac814.6 million. Consolidated cash at the year end […]<\/p>\n","protected":false},"author":1,"featured_media":566,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"class_list":["post-623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financials"],"acf":[],"yoast_head":"\nAnnual Report & Accounts 2021 published today - Italiano<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.langleyholdings.com\/it-it\/blog\/2022\/02\/16\/annual-report-accounts-2021-published-today\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Annual Report & Accounts 2021 published today - Italiano\" \/>\n<meta property=\"og:description\" content=\"Retford – 16th February, 2022 Langley Holdings plc, the diverse engineering and industrial group, has today published its IFRS Annual Report & Accounts for 2021. 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