OverviewSuggest Edit

Bodycote is a global provider of thermal processing services. It operates in four market areas: Automotive, Aerospace & Defense, Energy, and General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, and metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing. Bodycote also provides surface technologies, which include specialized plasma spray, high-velocity oxygen fuel, and thermo-chemically formed coatings.

TypePublic
Founded1923
HQMacclesfield, GB
Websitebodycote.com
Employee Ratings3.2
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)4,747(-11%)
Job Openings29
Revenue (FY, 2019)£719.7 M(-1%)
Share Price (Nov 2021)£8.3
Cybersecurity ratingDMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Bodycote

Stephen Harris

Stephen Harris

Group Chief Executive
Dominique Yates

Dominique Yates

Chief Financial Officer
Anne Quinn

Anne Quinn

Chair
Eva Lindqvist

Eva Lindqvist

Non-Executive Director
Ian Duncan

Ian Duncan

Senior Independent Director
Patrick Larmon

Patrick Larmon

Non-Executive Director
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Bodycote Office Locations

Bodycote has offices in Macclesfield, Catcliffe, Chard, Derby and in 157 other locations
Macclesfield, GB (HQ)
Springwood Court, Springwood Close, Tytherington Business Park
Catcliffe, GB
Brunel Way
Chard, GB
Business Park, 22 Leach Rd
Derby, GB
Wilmore Rd
Exhall, GB
Thermal Ho/Colliery La
Hereford, GB
College Rd
Show all (165)

Bodycote Financials and Metrics

Bodycote Revenue

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Bodycote's revenue was reported to be £719.7 m in FY, 2019 which is a 1.2% decrease from the previous period.
GBP

Revenue (FY, 2019)

719.7m

Revenue growth (FY, 2018 - FY, 2019), %

(1.2%)

Gross profit (FY, 2019)

267.4m

Gross profit margin (FY, 2019), %

37.2%

Net income (FY, 2019)

94.0m

EBITDA (FY, 2019)

209.3m

EBIT (FY, 2019)

128.6m

Market capitalization (10-Nov-2021)

1.6b

Closing stock price (10-Nov-2021)

8.3

Cash (31-Dec-2019)

22.0m

EV

1.6b
Bodycote's current market capitalization is £1.6 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

690.2m728.6m719.7m

Revenue growth, %

15%6%(1%)

Cost of goods sold

429.9m451.0m452.3m

Gross profit

260.3m277.6m267.4m
Half Year
GBPH1, 2018H1, 2019

Revenue

368.0m366.5m

Depreciation and amortization

1.9m2.1m

EBITDA

102.5m105.3m

EBITDA margin, %

28%29%
Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

41.0m38.5m22.0m

Accounts Receivable

114.2m120.1m110.2m

Prepaid Expenses

9.4m9.0m9.2m

Inventories

16.4m13.9m14.8m
Half Year
GBPH1, 2018H1, 2019

Cash

28.6m12.5m

Inventories

18.3m16.2m

Current Assets

214.5m195.5m

PP&E

521.4m550.0m
Annual
GBPFY, 2017FY, 2018FY, 2019

Net Income

97.3m103.6m94.0m

Depreciation and Amortization

64.3m65.6m84.2m

Inventories

500.0k(3.9m)(1.5m)

Accounts Payable

10.2m5.1m(2.1m)
Half Year
GBPH1, 2018H1, 2019

Net Income

50.8m47.0m

Depreciation and Amortization

31.8m41.1m

Inventories

(2.1m)(2.3m)

Accounts Payable

(5.2m)(3.0m)
GBPFY, 2017

EV/EBITDA

9.1 x

EV/EBIT

14.6 x

EV/CFO

10.9 x

Revenue/Employee

124.8k

Financial Leverage

1.4 x

P/E Ratio

0.2
Show all financial metrics

Bodycote Operating Metrics

FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019

Countries

232323

Facilities

187183180184185
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Bodycote Acquisitions / Subsidiaries

Company NameDateDeal Size
Nitrex Metal TechnologiesSeptember 09, 2016
Carolina Commercial Heat TreatingOctober 16, 2012$68 m
Curtiss-Wright - Heat Treatment BusinessApril 02, 2012$52 m
Nitruvid S.AAugust 01, 2007
Ningbo Jiangdong Ruidahong Heat TreatmentJune 18, 2007
Bodycote America Finance Limited
Bodycote America Treasury Limited
Bodycote Finance Limited
Bodycote Finance UK Limited
Bodycote Heat Treatments Limited
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Bodycote Revenue Breakdown

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Bodycote revenue breakdown by business segment: 41.9% from Aerospace, Defence and Energy and 58.1% from Automotive and General Industrial

Bodycote revenue breakdown by geographic segment: 19.6% from Others, 6.1% from Sweden, 8.7% from UK, 12.2% from Germany, 14.3% from France, 35.5% from USA and 3.7% from Other

Bodycote Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Bodycote Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Bodycote Online and Social Media Presence

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Bodycote Company Culture

  • Overall Culture

    C-

    65/100

  • CEO Rating

    F

    28/100

  • Compensation

    C+

    67/100

Learn more on Comparably

Bodycote News and Updates

Trading Update

Bodycote, the world’s leading provider of heat treatment and specialist thermal processing services, is issuing the following trading update, covering the four-month period from 1 July to 31 October 2021 (“the period”).

Bodycote increases Hot Isostatic Pressing capacity in the USA

Bodycote, the world’s largest thermal processing services provider, is expanding its Hot Isostatic Pressing (HIP) capability in Greenville, South Carolina, USA.

Bodycote provides solutions for the world’s first hydroformed architectural stainless-steel façade screen

German fabricator Edelstahl-Mechanik, supported by Bodycote, a global thermal processing services company, manufactured the world’s first hydroformed tensile architectural façade. Designed by Behnisch Architekten, the newly constructed Science and Engineering Complex at the Harvard University campus…

Total Voting Rights

As at the date of this announcement, the Company’s issued share capital consists of 191,456,172 ordinary shares with a nominal value of 17 3/11th pence each (“Ordinary Shares”), with voting rights. The Company does not hold any shares in Treasury.

Global Metal Heat Treatment Market (2021 to 2025) - Featuring Advanced Heat Treat, Bodycote and ONEX Among Others

Dublin, Oct. 14, 2021 (GLOBE NEWSWIRE) -- The "Global Metal Heat Treatment Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the metal heat treatment market and it is poised to grow by $8.95 bn during 2021-2025, progressing at a CAGR of…

Global Isostatic Pressing Market (2020 to 2024) - Featuring Alcoa, Arconic & Bodycote Among Others

Dublin, Oct. 02, 2020 (GLOBE NEWSWIRE) -- The "Global Isostatic Pressing Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The isostatic pressing market is poised to grow by $ 2.07 billion during 2020-2024 progressing at a CAGR of 6% during the forecast period. The rep…
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Bodycote Blogs

Bodycote to present at the Praktikerkonferenz Graz

Bodycote’s expert will be presenting at the 23rd edition of Praktikerkonferenz „Pumpen in der Verfahrenstechnik und Abwassertechnik“ in Graz, Austria. Hosted by Prof. Dr. Jaberg & Partner GmbH from the Institute for Hydraulic Fluid Machinery TU Graz, the conference will take place between May 6 …

Join Bodycote at the IFFA 2019

Bodycote will be exhibiting at IFFA 2019, the leading international exhibition for the meat industry, from May 4th-9th at fairground Frankfurt am Main, Germany. Come visit us in hall 9.1 booth C28 to find out more about Bodycote’s Specialty Stainless Steel Processes (S³P) and Kolsterising® and their…

Join Bodycote at OTC 2019

Bodycote will be exhibiting at the Offshore Technology Conference 2019 in Houston, Texas. Learn more about Bodycote at OTC 2019 The post Join Bodycote at OTC 2019 appeared first on Home.

Bodycote to exhibit at Design Engineering Expo (DEX) 2019

Bodycote will be exhibiting at the Design Engineering Expos 2019 in Mississauga, Ontario and Sherbrooke, Québec. The first event will be held on April 23rd at Mississauga Convention Centre and the second event on June 19th at Sherbrooke Exhibition Centre. Come visit our experts and learn more about …

Join Bodycote at Food Automation & Manufacturing Expo (FA&M)

Bodycote will exhibit at the Food Automation & Manufacturing Expo (FA&M). The event will be held at Miami, Florida on April 14th through 17th at the Doral Resort. Meet our Bodycote experts at booth #113 to find out more about Bodycote’s Specialty Stainless Steel Processes (S³P) & Kolster…

Bodycote to exhibit at Orthomanufacture 2019

Bodycote will be exhibiting at the Orthomanufacture 2019. The event will be held at in St. Etienne, France between April 9th and 10th at the Métrotech, Green Park Tertiary. Come visit us at booth #26 and learn more about Bodycote’s services and their application in the medical instruments industry. …
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Bodycote Frequently Asked Questions

  • When was Bodycote founded?

    Bodycote was founded in 1923.

  • Who are Bodycote key executives?

    Bodycote's key executives are Stephen Harris, Dominique Yates and Anne Quinn.

  • How many employees does Bodycote have?

    Bodycote has 4,747 employees.

  • What is Bodycote revenue?

    Latest Bodycote annual revenue is £719.7 m.

  • What is Bodycote revenue per employee?

    Latest Bodycote revenue per employee is £151.6 k.

  • Who are Bodycote competitors?

    Competitors of Bodycote include Praxair, Quaker Houghton and Kennametal.

  • Where is Bodycote headquarters?

    Bodycote headquarters is located at Springwood Court, Springwood Close, Tytherington Business Park, Macclesfield.

  • Where are Bodycote offices?

    Bodycote has offices in Macclesfield, Catcliffe, Chard, Derby and in 157 other locations.

  • How many offices does Bodycote have?

    Bodycote has 165 offices.