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Ultra Electronics

  • Backlog£983.9 MFY, 2018
  • Revenue£859.8 MFY, 2020
  • Market Capitalization£2.3 B2022-05-13

OverviewSuggest Edit

Ultra Electronics is a provider of application-engineered solutions for mission critical and intelligent systems in the defense, security, and critical detection and control markets. It designs and supplies maritime sonar, radar, acoustic expendables, signature management and power systems; intelligence, communications, command and control, cyber security and electronic warfare solutions; safety and mission-critical solutions to the military and commercial aerospace markets; ballistic identification and forensic analysis solutions; nuclear safety sensors and systems. The company also offers low-to-medium volume electronics manufacturing solutions, managed cyber security services, and global business services.

TypePublic
Founded1920
HQLondon, GBMap
Websiteultra.group
Employee Ratings3.6
View Jobs (384)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)4,253(+5%)
Job Openings384
Revenue (FY, 2020)£859.8 M(+5%)
Share Price (May 2022)£32
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Ultra Electronics

Simon Pryce

Simon Pryce

Chief Executive Officer
Jos Sclater

Jos Sclater

Chief Financial Officer
Louise Ruppel

Louise Ruppel

General Counsel & Company Secretary
Andrew Puryear

Andrew Puryear

Chief Technology Officer
Steve Izquierdo

Steve Izquierdo

Chief Human Resources Officer
Thomas Link

Thomas Link

President, Maritime
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Ultra Electronics Office Locations

Ultra Electronics has offices in London, Aberdeen, Burridge, Cambridge and in 34 other locations
London, GB (HQ)
35 Portman Square
Aberdeen, GB
Abercrombie court, prospect road, westhill
Burridge, GB
316 Botley Rd
Cambridge, GB
St Johns Innovation Park, Cowley Road
Cheltenham, GB
Arle Court, Hatherley Ln
Farnborough, GB
A8 Cody Technology Park, Ively Rd
Show all (39)

Ultra Electronics Financials and Metrics

Ultra Electronics Revenue

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View revenue for all periods
Ultra Electronics's revenue was reported to be £859.8 m in FY, 2020 which is a 4.2% increase from the previous period.
GBP

Revenue (H1, 2021)

404.5m

Gross profit (H1, 2021)

118.7m

Gross profit margin (H1, 2021), %

29.3%

Net income (H1, 2021)

37.6m

EBIT (H1, 2021)

56.5m

Market capitalization (13-May-2022)

2.3b

Closing stock price (13-May-2022)

32.0

Cash (2-Jul-2021)

120.6m

EV

2.3b
Ultra Electronics's current market capitalization is £2.3 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

766.7m825.4m859.8m

Revenue growth, %

(1%)8%4%

Cost of goods sold

544.6m586.3m609.0m

Gross profit

222.1m239.1m250.8m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

387.1m413.1m404.5m

Cost of goods sold

282.7m301.4m285.8m

Gross profit

104.4m111.7m118.7m

Gross profit Margin, %

27%27%29%
show all
Annual
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

5.7m9.0m14.6m13.0m12.8m16.0m8.1m19.0m25.0m40.2m25.6m27.4m30.6m41.3m45.5m74.6m149.5m96.3m82.2m114.4m

Accounts Receivable

25.4m16.9m15.7m21.0m33.6m35.9m34.6m40.8m40.8m70.1m75.2m73.0m85.6m91.6m92.1m97.7m101.4m105.3m106.6m100.1m

Prepaid Expenses

9.2m10.110.6m

Inventories

14.5m17.5m23.3m20.9m19.2m22.0m23.8m17.4m21.1m25.9m29.2m42.4m57.8m73.7m81.8m78.2m76.6m88.6m90.7m103.6m
Half Year
GBPH1, 2014H1, 2016H1, 2017H1, 2018H1, 2019H1, 2020H1, 2021

Cash

46.1m39.8m80.4m124.4m92.9m93.1m120.6m

Accounts Receivable

78.5m197.9m223.0m203.3m97.4m90.3m96.0m

Inventories

64.4m90.0m82.7m91.9m99.6m110.0m104.2m

Current Assets

349.3m337.9m393.0m430.4m416.6m436.1m441.1m
show all
Annual
GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

41.3m47.6m37.5m

Inventories

(10.2m)(5.7m)(13.8m)

Accounts Payable

4.0m(13.9m)1.5m

Cash From Operating Activities

86.7m94.6m130.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

21.6m18.3m17.1m

Inventories

(9.4m)(14.8m)(4.0m)

Accounts Payable

(17.0m)20.3m25.8m

Cash From Operating Activities

14.0m61.3m65.3m
show all
GBPFY, 1996

Financial Leverage

16.1 x
Show all financial metrics

Ultra Electronics Operating Metrics

Ultra Electronics's Backlog was reported to be £983.9m in FY, 2018.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Order Intake

£449.9 m£515.3 m£617.2 m

Backlog

£983.9 m

Order Book (Aerospace & Infrastructure)

£333.7 m£300.2 m£302.8 m

Order Book (Communications & Security)

£230.2 m£259.5 m£238.6 m£230.9 m£237.1 m£319.1 m

Ultra Electronics Acquisitions / Subsidiaries

Company NameDateDeal Size
SpartonJuly 07, 2017$235 m
Furnace PartsOctober 14, 2015$12 m
Kratos Defense and Security SolutionsJune 01, 2015$265 m
Lab Impex SystemsJune 15, 2014
Ultra Electronics ICEMay 05, 2014
Ultra Electronics - 3 PhoenixFebruary 18, 2014
W&D Holdings LimitedOctober 28, 2013£6 m
Varisys LtdJune 05, 2013
RFIJune 07, 2012$12.5 m
Special Operations TechnologiesDecember 05, 2011
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Ultra Electronics Revenue Breakdown

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Ultra Electronics revenue breakdown by business segment: 46.1% from Maritime, 26.5% from Critical Detection & Control and 27.4% from Intelligence & Communications

Ultra Electronics revenue breakdown by geographic segment: 18.4% from United Kingdom, 10.5% from Rest of World, 63.6% from North America and 7.6% from Continental Europe

Human Capital Metrics

Source: uploads2.craft.co, uploads1.craft.co
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Ultra Electronics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

Learn more about our premium products
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Ultra Electronics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Ultra Electronics Online and Social Media Presence

Ultra Electronics's Trends

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Ultra Electronics News and Updates

May 05, 2022

Ultra Electronics Holdings plc (LON:ULE) Insider Jos Sclater Buys 5 Shares

Ultra Electronics Holdings plc (LON:ULE – Get Rating) insider Jos Sclater bought 5 shares of the business’s stock in a transaction that occurred on Tuesday, May 3rd. The stock was purchased at an average cost of GBX 3,266 ($40.80) per share, for a total transaction of £163.30 ($204.00).
April 26, 2022

Simon Pryce Sells 32,616 Shares Of Ultra Electronics Holdings Plc (LON:ULE) Stock

Ultra Electronics Holdings plc (LON:ULE – Get Rating) insider Simon Pryce sold 32,616 shares of Ultra Electronics stock in a transaction on Monday, April 25th. The shares were sold at an average price of GBX 3,163 ($40.31), for a total transaction of £1,031,644.08 ($1,314,866.28).
April 13, 2022

Ultra and Sparton DLS, LLC Joint Venture (ERAPSCO) Awarded $11.6M for U.S. Navy Production Contract of new advanced Sonobuoys

Ultra Electronics Holdings plc (ULE) and Sparton DLS, LLC announce the award of a contract valued at $11.6 million to their ERAPSCO joint venture, against the $222 million competitive Indefinite Delivery Indefinite Quantity (IDIQ) production contract for the manufacture of next-generation sonobuoys …
March 29, 2022

Ultra releases 2021 Sustainability, Diversity, Equity & Inclusion and Gender Pay Gap reports

Ultra has today released its 2021 Environmental, Social, Governance (ESG) Reports:
March 23, 2022

Ultra Electronics records reduced annual profit on revenue dip

tra Electronics Holdings PLC on Wednesday reported a reduced profit in 2021, due to a one-off loss from disposals in spite of organic revenue growth in two of its businesses.
February 09, 2022

Ultra’s Hawk™ IFF Deploys Successfully in Unmanned Aircraft Systems Exercises at Fort Sill, Oklahoma

Fort Sill, Oklahoma. Ultra Electronics and Berry Aviation Inc. demonstrated the capabilities of its Hawk Identification Friend or Foe (IFF), a micro-device that enables automatic determination of the identity of airborne vehicles, in support of Counter-Unmanned Aerial Systems (C-UAS) mission experim…
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 Ultra Electronics Frequently Asked Questions

  • When was Ultra Electronics founded?

    Ultra Electronics was founded in 1920.

  • Who are Ultra Electronics key executives?

    Ultra Electronics's key executives are Simon Pryce, Jos Sclater and Louise Ruppel.

  • How many employees does Ultra Electronics have?

    Ultra Electronics has 4,253 employees.

  • What is Ultra Electronics revenue?

    Latest Ultra Electronics annual revenue is £859.8 m.

  • What is Ultra Electronics revenue per employee?

    Latest Ultra Electronics revenue per employee is £202.2 k.

  • Who are Ultra Electronics competitors?

    Competitors of Ultra Electronics include Cohort, Raytheon Systems and Rheinmetall.

  • Where is Ultra Electronics headquarters?

    Ultra Electronics headquarters is located at 35 Portman Square, London.

  • Where are Ultra Electronics offices?

    Ultra Electronics has offices in London, Aberdeen, Burridge, Cambridge and in 34 other locations.

  • How many offices does Ultra Electronics have?

    Ultra Electronics has 39 offices.