Velocity Composites plc

LSE VEL.L

Velocity Composites plc Gross Profit Margin for the year ending October 31, 2023: 18.80%

Velocity Composites plc Gross Profit Margin is 18.80% for the year ending October 31, 2023, a -18.11% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Velocity Composites plc Gross Profit Margin for the year ending October 31, 2022 was 22.96%, a -11.67% change year over year.
  • Velocity Composites plc Gross Profit Margin for the year ending October 31, 2021 was 26.00%, a 51.69% change year over year.
  • Velocity Composites plc Gross Profit Margin for the year ending October 31, 2020 was 17.14%, a -20.91% change year over year.
  • Velocity Composites plc Gross Profit Margin for the year ending October 31, 2019 was 21.67%, a 18.21% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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LSE: VEL.L

Velocity Composites plc

CEO Mr. Jonathan Karl Bridges
IPO Date May 18, 2017
Location United Kingdom
Headquarters AMS Technology Park
Employees 102
Sector Materials
Industries
Description

Velocity Composites plc, together with its subsidiaries, provides engineered composite material kits to the aerospace industry in the United Kingdom, Europe, and internationally. It offers structural material kits, such as ply generation, shape management and configuration control, life management, and cutting and supply service, as well as materials comprising woven fabrics, unidirectional fabrics, impregnated metallic meshes, and film adhesives. The company also provides engineered vacuum bag material kits; and honeycomb, core potting compounds, and co-bonded materials, including hole potting compound kits, cut shape metallic foils and meshes for lightning strike protection/EMI shielding, honeycomb and foam core products, and kitted co-bonded films. In addition, it offers process optimization products, such as elastomeric intensification systems, elastomeric pre-form membranes, elastomeric tool feature protection to simplify vacuum bags, heater mats for composite repair and pre-forming, paint masking systems, cured component protection films, Mylar templates and shape verification systems, thermocouples, and vacuum connection systems, as well as engineering support and project implementation services. The company was founded in 2007 and is headquartered in Burnley, the United Kingdom.

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StockViz Staff

January 15, 2025

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