Poor market conditions were exacerbated by “difficulties trading with the emerging market of Russia, due to political tensions,” said Anthony Langley, Chairman of Langley Holdings.
Buxtehude-based Claudius Peters is a supplier of materials handling, grinding and clinker cooling equipment to the cement and other industries. It also operates an aerospace division, which supplies aircraft parts for Airbus.
Langley Holdings reported revenue of €398.2 million in the first six months of the year, in line with expectations. Revenue is expected to finish the year at €921.9 million, an increase on the €903.5 million achieved in 2017.
