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

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%)
Share Price (Sept 2020)£7.5 (-1%)
Cybersecurity ratingBMore

Key People/Management at Vitec Group

Ian McHoul

Ian McHoul

Chairman
Claire Taylor

Claire Taylor

Amazon Commercial Director, Vitec Imaging Solutions
Stephen Bird

Stephen Bird

Group Chief Executive
Martin Green

Martin Green

Group Finance Director
Christopher Humphrey

Christopher Humphrey

Non-Executive Director
Jennifer Shaw

Jennifer Shaw

Group Communications Director
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Vitec Group Office Locations

Vitec Group has offices in Richmond, Bury Saint Edmunds and San Zeno
Richmond, GB (HQ)
Bridge House Heron Square
Bury Saint Edmunds, GB
William Vinten Building, Easlea Rd
San Zeno, IT
SS47, 100
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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

Market capitalization (28-Sept-2020)

344.9m

Closing stock price (28-Sept-2020)

7.5

Cash (31-Dec-2018)

17.5m

EV

329.8m
Vitec Group's current market capitalization is £344.9 m.
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
GBPFY, 1996

Debt/Equity

0.2 x

Debt/Assets

0.1 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

Company NameDateDeal Size
TeradekAugust 29, 2013$30.40 m

Vitec Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

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 Ian McHoul, Claire Taylor and Stephen Bird.

  • 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 offices in Richmond, Bury Saint Edmunds and San Zeno.

  • How many offices does Vitec Group have?

    Vitec Group has 3 offices.