Vitec Group

OverviewSuggest Edit

Capture the moment™ This is the essence of Vitec. It is our passion, our philosophy, our way of life. It is what drives us. When your livelihood depends on the quality, performance and reliability of the equipment you use, choosing the best is no longer a luxury. In our markets, the difference between success and failure can be a fraction of a second. Everything we do is designed to provide our customers with the means to seize the opportunity, steal the show, capture the moment – and we’re proud to play our part in their success. Our history: W. Vinten was founded in 1910, incorporated in 1928 and floated on the London Stock Exchange in 1972. The company changed its name to Vinten Group Limited in 1973 and eventually to Vinten Group plc in 1984. As a consequenceof the expansion of the Group through various acquisitions during the next ten years, the company was renamed Vitec Group plc in 1995 and eventually to The Vitec Group plc in 2001.
TypePublic
Founded1910
HQRichmond, GB
Websitevitecgroup.com
Employee Ratings2.2

Locations

Vitec Group is headquartered in
Richmond, United Kingdom

Location Map

Latest Updates

Employees (est.) (Jun 2017)1,676(-8%)
Revenue (FY, 2018)£393.2 M(+12%)

Key People/Management at Vitec Group

Ayu Kusuma Wardhani

Ayu Kusuma Wardhani

E-Commerce Manager, Imaging Solutions Division
Tony Mendoza

Tony Mendoza

Q&A Engineer, Teradek, Creative Solutions
Audrey Chang

Audrey Chang

Channel and Customer Marketing Director, Production Solutions Division
Enrico Grando

Enrico Grando

Manufacturing Director, Imaging Solutions Division
Victor Chen

Victor Chen

Senior Electrical Engineer – Technologist, Production Solutions Division
Kevin Crandall

Kevin Crandall

Senior Director Asian Operations, JOBY/Lowepro, Imaging Solutions Division
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Vitec Group Office Locations

Vitec Group has an office in Richmond
Richmond, GB (HQ)
Bridge House Heron Square
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Vitec Group Financials and Metrics

Vitec Group Revenue

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Vitec Group's revenue was reported to be £393.20 m in FY, 2018
GBP

Revenue (FY, 2018)

393.2m

Gross profit (FY, 2018)

173.8m

Gross profit margin (FY, 2018), %

44.2%

Net income (FY, 2018)

34.3m

EBITDA (FY, 2018)

49.9m

EBIT (FY, 2018)

40.2m

Cash (31-Dec-2018)

17.5m

EV

488.2m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

148.5m144.6m162.3m171.4m200.0m190.4m182.2m192.8m185.4m194.9m222.3m273.8m315.4m309.6m317.8m318.9m353.3m393.2m

Revenue growth, %

(2%)3%18%

Cost of goods sold

72.1m66.3m75.5m78.9m93.4m94.0m95.2m111.4m108.9m115.6m129.1m162.5m181.3m181.7m188.9m183.2m196.8m219.4m

Gross profit

76.5m78.3m86.8m92.5m106.6m96.4m87.0m81.4m76.5m79.3m93.2m111.3m134.1m127.9m128.9m135.7m156.5m173.8m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

36.3m22.1m26.5m32.8m19.2m17.8m16.1m15.6m14.4m12.7m9.4m8.4m12.9m9.2m13.6m17.1m12.6m17.5m

Accounts Receivable

18.9m22.1m24.8m24.8m29.3m26.4m28.5m28.2m26.2m30.5m31.4m40.1m35.8m37.2m38.3m50.9m52.5m58.0m

Inventories

25.5m28.5m30.6m29.1m37.8m33.6m30.5m33.2m32.6m31.3m41.1m65.6m55.3m55.0m58.9m57.9m69.8m80.1m

Current Assets

107.0m87.2m90.3m94.5m95.0m85.7m83.6m91.0m85.5m82.1m91.4m128.0m121.9m117.8m125.6m142.1m151.3m168.0m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

42.8m26.1m27.6m25.2m23.2m14.9m7.5m5.5m6.4m9.4m13.4m18.3m14.0m13.0m13.0m24.9m10.5m34.3m

Cash From Operating Activities

42.3m45.0m43.2m51.1m45.8m42.1m35.4m28.7m22.5m26.4m21.5m21.1m40.3m35.2m32.1m52.4m35.1m47.4m

Dividends Paid

5.9m6.8m7.9m7.6m8.7m9.3m9.3m9.3m6.1m6.1m6.5m7.0m9.8m10.3m10.7m11.1m12.4m14.1m

Cash From Financing Activities

(4.4m)(15.6m)(4.1m)(9.0m)(10.9m)(10.0m)(11.9m)3.5m(1.5m)(14.3m)2.2m9.3m(9.0m)(8.5m)(1.3m)(23.6m)(48.3m)20.5m
GBPY, 2018

EV/EBITDA

9.8 x

EV/EBIT

12.1 x

EV/CFO

10.3 x

Financial Leverage

2.2 x
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Vitec Group Operating Metrics

FY, 2015

Countries

100
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Vitec Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TeradekAugust 29, 2013$30.40 m

Vitec Group Revenue Breakdown

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Vitec Group revenue breakdown by business segment: 6.3% from Photographic and 93.7% from Broadcast

Vitec Group Online and Social Media Presence

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Vitec Group Frequently Asked Questions

  • When was Vitec Group founded?

    Vitec Group was founded in 1910.

  • Who are Vitec Group key executives?

    Vitec Group's key executives are Ayu Kusuma Wardhani, Tony Mendoza and Audrey Chang.

  • How many employees does Vitec Group have?

    Vitec Group has 1,676 employees.

  • What is Vitec Group revenue?

    Latest Vitec Group annual revenue is £393.2 m.

  • What is Vitec Group revenue per employee?

    Latest Vitec Group revenue per employee is £234.6 k.

  • Who are Vitec Group competitors?

    Competitors of Vitec Group include Your Truman Show, Moviestorm and Nervve.

  • Where is Vitec Group headquarters?

    Vitec Group headquarters is located at Bridge House Heron Square, Richmond.

  • Where are Vitec Group offices?

    Vitec Group has an office in Richmond.

  • How many offices does Vitec Group have?

    Vitec Group has 1 office.