Langley Holdings chairman Tony Langley has instructed the team at Manroland Sheetfed to continue with its “gloves off” sales initiative after the business secured a big jump in incoming orders.

Although sales at the press manufacturing operation fell by 21.7% to €203.5m last year, orders on hand more than doubled – from €27.4m to €61.2m – after Langley gave the business permission to respond in kind to aggressive pricing from competitors. Manroland Sheetfed will unveil “its latest offering to the market” at Drupa in June, with more details to be made available in due course.

Pressroom chemicals manufacturer Druck Chemie, acquired in 2014, is part of Langley’s ‘other businesses’ division, where sales slipped from €130m to €127.2m.

Langley said Druck Chemie had experienced “another challenging year with margins under pressure and a shrinking market” although its performance was broadly in line with expectations. Germany and France were its strongest markets.