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.

Company Growth (employees)
Chryston, GB
Size (employees)
2,174 (est)
Devro is headquartered in Chryston, GB

Devro Office Locations

Devro has offices in Chryston, Jilemnice, Slavkov u Brna, Moscow and in 6 other locations
Chryston, GB (HQ)
Auckland, NZ
300 George Bolt Memorial Dr
Minato, JP
Yasuda Shibaura Bldg., No.2 3 2 12 Kaigan
Hong Kong, HK
7/F C K K, Commercial Centre 289 Hennessey Road Wanchai
Beijing, CN
Rm 1404, Tower B, Cofco Plaza 8 Jianguomennei Avenue Dongcheng District
Kelso, AU
Sydney Road Po 659

Devro Data and Metrics

Devro Financial Metrics

Devro's revenue was reported to be £241.1 m in FY, 2016 which is a 5% increase from the previous period.

Revenue (FY, 2016)

241.1 m

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


Gross profit (FY, 2016)

70.5 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

2.2 m

Market capitalization (20-Jul-2017)

365.4 m

Closing share price (20-Jul-2017)


Cash (31-Dec-2016)

9.9 m
Devro's current market capitalization is £365.4 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016


242.7 m232.3 m230.2 m241.1 m

Revenue growth, %


Cost of goods sold

182.3 m164.1 m170.6 m

Gross profit

50 m66.1 m70.5 m

Gross profit Margin, %


Operating expense total

43.6 m46.9 m55.1 m

Pre tax profit

37.5 m2.2 m15.1 m6.2 m

Net Income

33.6 m4.4 m14.6 m2.2 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016


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


213.9 m254.8 m298.8 m353.6 m


3.2 m4 m9.2 m10.4 m

Total Assets

297.4 m338.9 m384.8 m439.7 m

Accounts Payable

8.7 m12.6 m9.9 m13 m

Current Liabilities

34.7 m47.7 m46.1 m46.7 m

Total Liabilities

139.4 m205.7 m251.6 m330.7 m

Retained Earnings

19.4 m(10.3 m)(100 k)2.2 m

Total Equity

158 m133.2 m133.2 m109 m

Financial Leverage

1.9 x2.5 x2.9 x4 x
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)
Y, 2016

Financial Leverage

4 x

Devro Market Value History

Devro News and Updates

Devro Company Life and Culture

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