Weetabix
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 334m | 242m | 303m | 314m | 331m | 331m | 338m |
% growth | - | (28 %) | 25 % | 4 % | 6 % | - | 2 % |
EBITDA | 90.0m | 46.6m | 72.6m | 72.0m | 104m | 64.0m | 101m |
% EBITDA margin | 27 % | 19 % | 24 % | 23 % | 31 % | 19 % | 30 % |
Profit | 81.5m | 79.1m | (123m) | 49.1m | 75.3m | 68.2m | 70.7m |
% profit margin | 24 % | 33 % | (41 %) | 16 % | 23 % | 21 % | 21 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Growth Equity non VC | ||
N/A | Growth Equity non VC | ||
$1.8b Valuation: $1.8b 4.1x EV/LTM Revenues 15.2x EV/LTM EBITDA | Acquisition | ||
Total Funding | - |
Related Content
Recent News about Weetabix
EditWeetabix is a leading producer of high-quality cereals, proudly fueling the nation since 1932. Operating in the food and beverage industry, Weetabix serves a diverse range of consumers who seek nutritious and sustainable breakfast options. The company's core product is its iconic Weetabix biscuit, along with various other cereal flavors, shapes, and textures. Weetabix operates primarily in the UK market, sourcing all its wheat from farms within 50 miles of its mills in Burton Latimer, Northamptonshire. This local sourcing strategy not only supports the farming community but also reduces food miles, contributing to environmental sustainability. Weetabix's business model revolves around the production and sale of cereals through various retail channels, including supermarkets and online platforms. Revenue is generated through the direct sale of these products to consumers. The company is committed to sustainability, focusing on growing sustainable ingredients, reducing packaging waste, and improving factory efficiency. Weetabix also engages with local communities, further enhancing its brand reputation and customer loyalty.
Keywords: cereals, sustainable, local sourcing, breakfast, Weetabix, Northamptonshire, food miles, environmental impact, farming community, nutritious.