Devro is one of the world’s leading suppliers of collagen casings for food, used by customers in the production of a wide variety of sausages and other meat products. Collagen is a naturally occurring polymer which is transformed into gel, tubular casing and film at Devro’s manufacturing sites in the USA, UK, Czech Republic and Australia.

Devro employs over 2,200 people, with skills and knowledge ranging from chemical and electrical engineering to food technology, meat science and environmental health. Over 100 staff are in daily contact with more than 1,000 customers, providing specialist technical advice and support for sophisticated food manufacturing operations in more than 100 countries.

Regional Business Directors have responsibility for day-to-day sales and manufacturing operations, with profit accountability. Strategy, financial policy, marketing and information systems are managed centrally, with an Executive Management Committee and a Board of Directors providing leadership and experience.

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Type
Public
HQ
Chryston, GB
Size (employees)
2,265 (est)+5%
Website
devro.com
Devro is headquartered in Chryston, GB
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Key People/Management at Devro

Gerard Hoetmer

Gerard Hoetmer

Chairman
Rutger Helbing

Rutger Helbing

CEO
Jackie Callaway

Jackie Callaway

CFO
Paul Withers

Paul Withers

Non-Executive Director
Jane Lodge

Jane Lodge

Non-Executive Director
Malcolm Swift

Malcolm Swift

Non-Executive Director

Devro Office Locations

Devro has offices in Hong Kong, Chryston, Jilemnice, Slavkov u Brna and in 6 other locations
Chryston, GB (HQ)
Moodiesburn
Kelso, AU
Sydney Road PO 659
Beijing, CN
Rm 1404, Tower B, COFCO Plaza 8 Jianguomennei Avenue Dongcheng District
Jilemnice, CZ
830 Víchovská
Slavkov u Brna, CZ
1438 Okružní
Hong Kong, HK
7/F C K K, Commercial Centre 289 Hennessey Road Wanchai
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Devro Financials and Metrics

Devro Financials

Devro's revenue was reported to be £241.10 m in FY, 2016 which is a 4.7% increase from the previous period.
GBP

Revenue (FY, 2016)

241.1 m

Revenue growth (FY, 2015 - FY, 2016), %

4.7%

Gross profit (FY, 2016)

70.5 m

Gross profit margin (FY, 2016), %

29.2%

Net income (FY, 2016)

2.2 m

Market capitalization (31-Oct-2017)

406.5 m

Closing share price (31-Oct-2017)

2.5

Cash (31-Dec-2016)

9.9 m
Devro's current market capitalization is £406.5 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

242.7 m232.3 m230.2 m241.1 m

Revenue growth, %

(4%)(1%)5%

Cost of goods sold

182.3 m164.1 m170.6 m

Gross profit

50 m66.1 m70.5 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

6 m11.1 m9.6 m9.9 m

Accounts Receivable

28.6 m28.7 m30.7 m26 m

Current Assets

80.3 m80.1 m76.8 m75.7 m

PP&E

213.9 m254.8 m298.8 m353.6 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

37.7 m(36.3 m)26 m25.5 m

Cash From Financing Activities

(1.1 m)26.1 m33.9 m(2.9 m)

Income Taxes Paid

(3.9 m)2.2 m(500 k)(4 m)
GBPY, 2016

Financial Leverage

4 x
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Devro News and Updates

Edible Packaging Global Market Key Players – BluWrap, Devro plc., JRF Technology LLC, MonoSol LLC, Safetraces, Inc., Skipping Rocks Lab Analysis and Forecast to 2023

Global Edible Packaging Market is expected to grow from $715.34 million in 2016 to reach $1245.13 million by 2023 with a CAGR of 8.2% Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Edible Packaging Market 2017 Industry Key Players, Share, Trend, Segmentation and Forecast to 2023

Global Edible Packaging Market is expected to grow from $715.34 million in 2016 to reach $1245.13 million by 2023 with a CAGR of 8.2% Posted via Industry Today. Follow us on Twitter @IndustryToday
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