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 Metrics

Vitec Group Financial Metrics

Revenue (2016)

£376.2 m

Revenue growth (2015-16), %

18%

Gross profit

£148.1 m

Gross profit margin (2016), %

39%

Net income (2016)

£9 m

Market capitalization (28-Apr-2017)

£380.7 m

Closing share price (28-Apr-2017)

£8.4

Cash (31-Dec-2016)

£17.1 m
Vitec Group's current market capitalization is £380.7 m.
Vitec Group's revenue was reported to be £376.2 m in FY, 2016 which is a 18% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

£315.4 m£309.6 m£317.8 m£376.2 m

Revenue growth, %

(2%)3%18%

Cost of goods sold

£181.3 m£181.7 m£188.9 m£228.1 m

Gross profit

£134.1 m£127.9 m£128.9 m£148.1 m

Gross profit Margin, %

43%41%41%39%

Operating expense total

£109.8 m£100.3 m£106.5 m£133.6 m

Pre tax profit

£20.1 m£18.5 m£10.5 m

Net Income

£13 m£13 m£9 m
FY, 2014FY, 2015FY, 2016

Cash

£9.2 m£13.6 m£17.1 m

Accounts Receivable

£37.2 m£38.3 m£50.9 m

Current Assets

£117.8 m£125.6 m£142.1 m

PP&E

£69.5 m£69.7 m£81.7 m

Goodwill

£87.1 m£90.7 m£99 m

Total Assets

£274.4 m£286 m£322.8 m

Accounts Payable

£26.5 m£24.9 m£26.8 m

Current Liabilities

£65.5 m£61.2 m£114.3 m

Retained Earnings

£2.7 m£2.3 m(£2.1 m)

Total Equity

£118.6 m£126.3 m£139.8 m

Financial Leverage

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

Cash From Operating Activities

£35.2 m£32.1 m£52.4 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)

Vitec Group Operating Metrics

FY, 2015

Countries

100

Vitec Group Market Value History

Vitec Group Revenue Breakdown

Vitec Group News

Vitec Group Company Life

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