Interim Trading Statement

01

Aug

2019

Interim Trading Statement

Marelli Motori’s parent company, Langley Holdings plc, releases its 2019 Interim Trading Statement for the six months to 30 June 2019.

 

The group reported a profit before tax and non-recurring costs of €24.8 million on revenues of €358.1 million. 

Read more here.

 

Gladiator, Langley Holdings’ sponsored TP52 racing yacht at the 2019 New York Yacht Club’s 175th Anniversary Regatta in Newport RI, July 15th-20th. Flying the colours of the Yacht Club Costa Smeralda, the Gladiator carried the branding of their latest acquisition, Marelli Motori SpA.

 

About Marelli Motori

Marelli Motori is a leading manufacturer of electric motors and generators. Founded in northern Italy in 1891, the company enjoys worldwide brand recognition in the marine, oil & gas, power generation, co-generation, hydro and other industrial sectors.

Marelli Motori employs around 900 people and operates extensive manufacturing facilities in Italy and Malaysia with own subsidiaries in the United States, Germany, the UK and South Africa and has an extended sales, distribution and service network across four continents, supplying its technologically advanced products in more than 120 countries. 

On 24 May 2019, Marelli Motori was was acquired by Langley Holdings plc, the British engineering and industrial manufacturing group.

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