V
VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA
Headquartered in Richmond, United Kingdom, The Vitec Group plc provides products and services for the broadcast and video; photographic; and military, aerospace, and government (MAG) markets worldwide. The company operates in three divisions: Videocom, Imaging, and Services.
Country/Area ：Costa Rica
Company Email ：hr@vitecgroup.com
Industry ：Photographic & Optical EquipmentPet SuppliesConsumer GoodsManufacturingSchool & Office Supplies
Company website ：*****
Company phone ：+44 2083324600
Established ：1910
Company Revenue ：$520,072,000
Number of employees ：1571
SIC Code ：38386
NAICS Code ：33333
Main Products ：National Geographic*TSR chartDividends and DRIPThe Camera StoreE-mail alertsVidendum in actionInteractive share chartBusiness modelCode of ConductGovernance FrameworkResponsible PracticesWorking at VidendumDetailed share priceRegulatory announcementsMajor shareholdersProposed Equity RaiseRussia - Sanctions
Company News
The Vitec Group plc's (LON:VTC) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Apr 11, 2022
Most readers would already be aware that Vitec Group's (LON:VTC) stock increased significantly by 18% over the past...
Apr 11, 2022
The Vitec Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearMar 6, 2022
Last week, you might have seen that The Vitec Group plc ( LON:VTC ) released its yearly result to the market. The early...
Mar 6, 2022Vitec Acquires Audix, the Premier Microphone Brand for Studio and Live Performance AudioJan 11, 2022
CASSOLA, Italy--(BUSINESS WIRE)--Vitec Imaging Solutions, a Division of The Vitec Group plc (“Vitec”), the international provider of premium branded hardware products and software solutions to the growing content creation market, is pleased to announce that on 10th January 2022 it agreed to acquire Audix and its affiliates, with the deal expected to close shortly. The acquisition continues Vitec’s mission to marry great audio with great video for all types of creators. Audix is a leading,
Jan 11, 2022Vitec Has Agreed to Acquire Savage Universal, a Global Market Leader in Backgrounds for the Growing Professional Studio Photographic MarketNov 16, 2021
CASSOLA, Italy--(BUSINESS WIRE)--Vitec Imaging Solutions, a Division of The Vitec Group plc (“Vitec”), the international provider of premium branded hardware products and software solutions to the growing content creation market, is pleased to announce that on 16th November 2021 it agreed to acquire Savage Universal Corp and its affiliates, with the deal expected to close by the end of November 2021. Savage is a global market leader in backgrounds for the professional studio photographic market
Nov 16, 2021The Returns On Capital At Vitec Group (LON:VTC) Don't Inspire ConfidenceAug 14, 2021
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Aug 14, 2021Web Summary
Q1: What is the company name, address, and industry?
A1: The company name is VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA, but the exact address is not provided in the text. However, it can be inferred that the company operates globally, as mentioned in the section "Global presence". The industry appears to be related to the production and distribution of camera accessories, lighting equipment, and other equipment for content creation.
Q2: What products does the company offer?
A2: According to the provided text, VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA offers a range of products, including camera accessories (e.g., JOBY Rycote, Audix), lighting equipment (e.g., Colorama, Savage), backgrounds, supports, and carrying solutions. They also offer video transmission systems, monitoring systems, mobile power, and audio capture solutions.
Q3: What services does the company provide?
A3: The text mentions that VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA provides distribution, rental, and services related to camera equipment and other content creation tools. They also offer IP video transmission systems, lens control systems, lighting & controls, and robotic camera systems.
Q4: What is the company's focus in terms of market growth?
A4: The company focuses on the growth areas of the content creation market, particularly in the following vertical markets: internet/e-commerce, subscription TV/original content creation, video sharing platforms (e.g., TikTok/YouTube), live streaming, and increasing environmental consciousness.
Q5: What are the five main structural market growth drivers that Videndum believes remain valid in the medium-to-long term?
A5: According to the text, the five main structural market growth drivers are: (1) internet/e-commerce; (2) subscription TV/original content creation; (3) video sharing platforms such as TikTok/YouTube; (4) live streaming; and (5) increasing environmental consciousness in their markets.
Q6: What is Videndum's strategy for maintaining its premium brand positions?
A6: The company estimates that sustained R&D investment is key to enabling its premium brands to maintain their strong market positions and, in some cases, gain share. This drives demand for new and replacement products.
Q7: How does the company estimate exposure to retail e-commerce and subscription TV?
A7: Videndum estimates that c.30% of its revenue is exposed to retail e-commerce, which serves professional photography and videography equipment, mainly benefiting their Media Solutions Division. Additionally, they estimate that c.30% of their revenue is exposed to subscription TV, including video transmission and monitoring systems, camera accessories, lighting equipment, mobile power, and supports.
Q8: What is the company's approach to Net Zero?
A8: Videndum has a pathway to Net Zero, as mentioned in the 2023 ESG Report. The company aims to reduce its environmental impact through sustainable practices and responsible sourcing.
A1: The company name is VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA, but the exact address is not provided in the text. However, it can be inferred that the company operates globally, as mentioned in the section "Global presence". The industry appears to be related to the production and distribution of camera accessories, lighting equipment, and other equipment for content creation.
Q2: What products does the company offer?
A2: According to the provided text, VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA offers a range of products, including camera accessories (e.g., JOBY Rycote, Audix), lighting equipment (e.g., Colorama, Savage), backgrounds, supports, and carrying solutions. They also offer video transmission systems, monitoring systems, mobile power, and audio capture solutions.
Q3: What services does the company provide?
A3: The text mentions that VITEC PRODUCTION SOLUTIONS SOCIEDAD DE RESPONSABILIDAD LIMITADA provides distribution, rental, and services related to camera equipment and other content creation tools. They also offer IP video transmission systems, lens control systems, lighting & controls, and robotic camera systems.
Q4: What is the company's focus in terms of market growth?
A4: The company focuses on the growth areas of the content creation market, particularly in the following vertical markets: internet/e-commerce, subscription TV/original content creation, video sharing platforms (e.g., TikTok/YouTube), live streaming, and increasing environmental consciousness.
Q5: What are the five main structural market growth drivers that Videndum believes remain valid in the medium-to-long term?
A5: According to the text, the five main structural market growth drivers are: (1) internet/e-commerce; (2) subscription TV/original content creation; (3) video sharing platforms such as TikTok/YouTube; (4) live streaming; and (5) increasing environmental consciousness in their markets.
Q6: What is Videndum's strategy for maintaining its premium brand positions?
A6: The company estimates that sustained R&D investment is key to enabling its premium brands to maintain their strong market positions and, in some cases, gain share. This drives demand for new and replacement products.
Q7: How does the company estimate exposure to retail e-commerce and subscription TV?
A7: Videndum estimates that c.30% of its revenue is exposed to retail e-commerce, which serves professional photography and videography equipment, mainly benefiting their Media Solutions Division. Additionally, they estimate that c.30% of their revenue is exposed to subscription TV, including video transmission and monitoring systems, camera accessories, lighting equipment, mobile power, and supports.
Q8: What is the company's approach to Net Zero?
A8: Videndum has a pathway to Net Zero, as mentioned in the 2023 ESG Report. The company aims to reduce its environmental impact through sustainable practices and responsible sourcing.
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