Vitec Group Plc
LSE:VTC

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Vitec Group Plc
LSE:VTC
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Price: 1 290 GBX 0.78%
Market Cap: 596.6m GBX

Vitec Group Plc
Investor Relations

The Vitec Group Plc engages in provision of branded products and solutions to the image capture and sharing markets. The company is headquartered in Richmond, Surrey and currently employs 1,784 full-time employees. The Company’s operating divisions include Imaging Solutions, Production Solutions and Creative Solutions. The firm designs, manufactures and distributes high performance products and solutions including camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, light emitting diode (LED) lighting, mobile power, bags and motion control, audio capture and noise reduction equipment.

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Earnings Calls

2021 Q4
Mar 1, 2022
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Vitec Reports Strong Growth and Confident 2022 Outlook
2021 Q4
Mar 1, 2022

Vitec achieved a record revenue increase of 5% compared to 2019, with a robust order intake up 20%. The company anticipates high single-digit organic growth for 2022, primarily fueled by shifts towards digital content consumption. Margins are projected to improve towards mid-teen levels, supported by effective cost management and strategic pricing increases of 3-5% to offset inflation. The evolving market, especially in vlogging and live-streaming, is driving demand across their divisions, with a total addressable market now expanding to £2.6 billion. Vitec's commitment to innovation positions it well for sustained future growth.

Management

Mr. Stephen Clive Bird BSc, M.A., MA, MBA
Group CEO & Director
No Bio Available
Mr. Martin Green
Group Fin. Director & Exec. Director
No Bio Available
Ms. Jennifer Shaw
Group Communications Director
No Bio Available
Mr. Jon Bolton FCIS, LLM, LLB
Group Company Sec. & HR Director
No Bio Available
Mr. Marco Pezzana
Divisional Chief Exec. Officer of Vitec Imaging Solutions Division
No Bio Available
Mr. Nicol Verheem
Divisional Chief Exec. Officer of Creative Solutions Division
No Bio Available
Mr. Martin Vann
Sr. VP of Vitec Creative Solutions
No Bio Available
Mr. Halid Hatic
Sr. VP of Vitec Production Solutions
No Bio Available
Mr. Nicola Dal Toso
Divisional Chief Exec. of Vitec Production Solutions
No Bio Available
Mr. Stephen W. Shiprock
Pres & MD of Vitec Group RF Systems
No Bio Available

Contacts

Address
SURREY
RICHMOND
Bridge House, 3 Heron Square
Contacts
+442083324600.0
www.vitecgroup.com