Vitec Group

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.
Company Growth (employees)
Type
Public
HQ
Richmond, GB
Founded
1910
Size (employees)
1,833 (est)
Vitec Group was founded in 1910 and is headquartered in Richmond, GB

Vitec Group Office Locations

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

Vitec Group Data and Metrics

Vitec Group Financial Metrics

Vitec Group's revenue was reported to be £376.2 m in FY, 2016 which is a 18% increase from the previous period.
GBP

Revenue (FY, 2016)

376.2 m

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

18%

Gross profit (FY, 2016)

148.1 m

Gross profit margin (FY, 2016), %

39%

Net income (FY, 2016)

9 m

Market capitalization (20-Jul-2017)

451.3 m

Closing share price (20-Jul-2017)

10.2

Cash (31-Dec-2016)

17.1 m
Vitec Group's current market capitalization is £451.3 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

315.4 m309.6 m317.8 m376.2 m

Revenue growth, %

(2%)3%18%

Cost of goods sold

181.3 m181.7 m188.9 m228.1 m

Gross profit

134.1 m127.9 m128.9 m148.1 m

Gross profit Margin, %

43%41%41%39%

Operating expense total

109.8 m100.3 m106.5 m133.6 m

Pre tax profit

20.1 m18.5 m10.5 m

Net Income

13 m13 m9 m
GBPFY, 2014FY, 2015FY, 2016

Cash

9.2 m13.6 m17.1 m

Accounts Receivable

37.2 m38.3 m50.9 m

Current Assets

117.8 m125.6 m142.1 m

PP&E

69.5 m69.7 m81.7 m

Goodwill

87.1 m90.7 m99 m

Total Assets

274.4 m286 m322.8 m

Accounts Payable

26.5 m24.9 m26.8 m

Current Liabilities

65.5 m61.2 m114.3 m

Total Liabilities

155.8 m159.7 m183 m

Retained Earnings

2.7 m2.3 m(2.1 m)

Total Equity

118.6 m126.3 m139.8 m

Financial Leverage

2.3 x2.3 x2.3 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

35.2 m32.1 m52.4 m

Cash From Financing Activities

(8.5 m)(1.3 m)(23.6 m)

Income Taxes Paid

(7.1 m)(5.5 m)(1.5 m)
GBPY, 2016

Revenue/Employee

1.5 m

Financial Leverage

2.3 x

Vitec Group Operating Metrics

FY, 2015

Countries

100

Vitec Group Market Value History

Vitec Group Revenue Breakdown

Traffic Overview of Vitec Group

Vitec Group News and Updates

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Vitec Group Company Life and Culture

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