Business description: Ricardo plc

Number of employees: 2,600
Sales by Activity: Ricardo plc
| Fiscal Period: June | 2021 (GBP) | 2022 (GBP) | 2023 (GBP) | 2024 (GBP) | 2025 (GBP) |
|---|---|---|---|---|---|
Energy & Environment ('E&E') | 57.9M | 68.2M | 89.6M | 104M | 117M |
Performance Products ('PP') | 78.5M | 75M | 85.2M | 83.5M | 83.9M |
Rail | 77.7M | 74.6M | 74.1M | 78M | 75.8M |
Emerging Automotive and Industrial | - | - | 83M | 58.6M | 34.7M |
Automotive & Industrial ('A&I') | 106M | 123M | - | - | - |
Established Automotive and Industrial | - | - | 28.6M | 28.6M | 43.9M |
Inter-Segment Sales | -5.9M | -5.9M | -4M | -1.4M | -3M |
Defense | 37.9M | 45.1M | 88.7M | 123M | - |
Geographical breakdown of sales: Ricardo plc
| Fiscal Period: June | 2021 (GBP) | 2022 (GBP) | 2023 (GBP) | 2024 (GBP) | 2025 (GBP) |
|---|---|---|---|---|---|
United Kingdom | 119M | 134M | 137M | 137M | 141M |
Europe | 76.2M | 72.7M | 78.5M | 83.2M | 75.7M |
Rest of Asia | 25.7M | 30.7M | 30.1M | 39.7M | 49.3M |
North America | 69.5M | 88.3M | 139M | 166M | 32.3M |
Australia | 27.3M | 22.2M | 23.4M | 22.7M | 30.1M |
Rest of the World | 10.1M | 10.9M | 20M | 17.3M | 13.9M |
China | 24.1M | 20.9M | 16.4M | 8.3M | 10.1M |
Executive Committee: Ricardo plc
| Manager | Title | Age | Since |
|---|---|---|---|
Graham Ritchie
CEO | Chief Executive Officer | - | 30/09/2021 |
Andre Odinius
CTO | Chief Tech/Sci/R&D Officer | 60 | 31/08/2023 |
Natasha Perfect
SAM | Sales & Marketing | - | 31/12/2020 |
| Human Resources Officer | - | 30/06/2024 | |
Harpreet Sagoo
LAW | General Counsel | - | 20/08/2023 |
Composition of the Board of Directors: Ricardo plc
| Director | Title | Age | Since |
|---|---|---|---|
Russell King
BRD | Director/Board Member | 68 | 04/09/2019 |
Graham Ritchie
BRD | Director/Board Member | - | 10/11/2021 |
Sian Lloyd Rees
BRD | Director/Board Member | 65 | 30/09/2024 |
Company details: Ricardo plc

Group companies: Ricardo plc
| Name | Category and Sector |
|---|---|
Ricardo-AEA Ltd.
Ricardo-AEA Ltd. Miscellaneous Commercial ServicesCommercial Services Provides consulting services |
Miscellaneous Commercial Services
|
Ricardo-AEA Ltd.
Ricardo-AEA Ltd. Miscellaneous Commercial ServicesCommercial Services Provides consulting services |
Miscellaneous Commercial Services
|
Ricardo UK Ltd.
Ricardo UK Ltd. Engineering & ConstructionIndustrial Services Provides strategic engineering and environmental consultancy services |
Engineering & Construction
|
Ricardo UK Ltd.
Ricardo UK Ltd. Engineering & ConstructionIndustrial Services Provides strategic engineering and environmental consultancy services |
Engineering & Construction
|
Ricardo Strategic Consulting GmbH
Ricardo Strategic Consulting GmbH Miscellaneous Commercial ServicesCommercial Services Provides management consultancy services |
Miscellaneous Commercial Services
|
Management Consulting Services
| Change | 5d. change | 1-year change | 3-years change | Capi.($) | ||
|---|---|---|---|---|---|---|
| -0.15% | +6.16% | -17.37% | +7.64% | 5.62B | ||
| -0.84% | +2.13% | -1.10% | -17.21% | 4.72B | ||
| -1.87% | -7.38% | - | - | 2.37B | ||
| +3.28% | -3.68% | +46.93% | +2,580.19% | 1.37B | ||
| +1.01% | -0.30% | -15.68% | -42.43% | 1.27B | ||
| -0.66% | -2.93% | -9.20% | -38.40% | 1.26B | ||
| -1.44% | +3.11% | +203.71% | - | 980M | ||
| -2.04% | -5.12% | -19.23% | -28.68% | 846M | ||
| -0.96% | +3.78% | -13.18% | -33.89% | 642M | ||
| Average | -0.38% | -0.18% | +21.86% | +346.75% | 2.12B | |
| Weighted average by Cap. | -0.38% | +1.56% | +6.28% | +212.22% |
Sector
Trader
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
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Global
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Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.

















