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Power division drives record first half, AI power demand set to fuel further growth
Langley Holdings, the diverse engineering and industrial group, today published its Interim Trading Statement for the 6 months to 30 June, 2025.
The group reported a record first-half profit before tax (PBT) of €60 million and is forecasting €140 million for the full year.
In his review of the business, Chairman & CEO Anthony Langley reported that cash reserves had increased by around €100 million to €460 million since last year, despite €80 million of distributions and that a full-year PBT of €140 million was now “largely underwritten” by the €1 billion order backlog.
The Group’s performance in the first half of 2025 was broadly in line with expectations.
The power division significantly outperformed targets and is on track for another record year. Bergen Engines, acquired from Rolls-Royce in 2021, Marelli Motori and Piller Power Systems all delivered strong results, with Bergen and Piller both reporting record first halfs.
Burgeoning demand from AI-driven data centres is creating significant new opportunities.
At Datacloud Global Congress in Cannes, in June, the group showcased its behind-the-meter offering and signed the first deal – for a 200MW plant to power an AI data centre in the USA – at the show. The project pipeline has since expanded significantly, prompting increased production at the groups factories in Norway and Italy.
Piller, the gold-standard of power conditioning technology, part of the group since 2004, is also well positioned to benefit from AI data centre growth. Its power conditioning systems offering a proven solution to stabilise challenging AI load profiles.
Commenting on the outlook, Langley said: ”…power solutions for data centres are set to become a major growth driver for the division and for the group.”
Download Interim Trading Statement here
