Kitwave boosts revenues by 20% and profit before tax by 40%
Kitwave Group, the delivered wholesale business, increased revenues by 20% to £602 million and profit before tax by 40% to £24.9 million in the 12 months ended 31 October 2023. […]
Kitwave acquires drinks wholesaler Wilds of Oldham
Kitwave Group has acquired drinks wholesaler Wilds of Oldham. Established for over 25 years, Wilds of Oldham is a family-run wholesaler supplying the on and off-trade. Currently, it has 35 […]
Kitwave increases revenues and gross margin
Kitwave Group increased revenues by 23% to £275 million in the six months ended 30 April 2023. Profit before tax rose by 48% to £8.3 million, and consolidated gross margin […]
Kitwave increases gross profit margin to 20%
Kitwave Group increased revenues from £380.7 million to £503.1 million in the 12 months ended 31 October 2022. Profit before tax rose from £2.1 million to £17.8 million, and gross […]
Kitwave acquires WestCountry Food Holdings
Kitwave Group has acquired WestCountry Food Holdings, a specialist fresh produce wholesaler, for £29 million. Established in 1856, WestCountry has depots in Falmouth, St Austell and Newton Abbot. The wholesaler serves […]
Kitwave returns to profit and boosts revenue by over 50%
Kitwave Group increased revenue by 51.8% to £223.3 million and returned to profit in the six months ended 30 April 2022 (H1). The delivered wholesaler recorded profit after tax at […]
Kitwave predicts full-year results ahead of market expectations
Kitwave Group is predicting that its results for the full financial year will be slightly ahead of market expectations. The delivered wholesale business gave a pre-close trading update for the six-month […]
New Kitwave Wakefield warehouse will be HB Clark’s HQ
Kitwave Group has opened a new distribution warehouse in Wakefield. This facility replaces the group’s previous Wakefield site and will act as the head office for on-trade wholesaler HB Clark. The […]
Kitwave reports that trading has returned to pre-pandemic levels
Kitwave Group achieved revenue of £380.7 million and adjusted operating profit of £7.1 million in the 12 months ended 31 October 2021. The company is using the 18 months to […]
Kitwave acquires MJ Baker Foodservice
Kitwave Group has acquired MJ Baker Foodservice, the West Country’s leading independent foodservice supplier. Founded in 1999 and based in Newton Abbott, MJ Baker offers more than 3,500 products in […]
‘Numerous additional growth opportunities’ for Kitwave
Kitwave Group has announced its financial results for the six months ended 30 April 2021 – prior to the flotation of the company on 24 May 2021. Revenues of £147.1 […]
Kitwave Group valued at £105 million in plan to float on AIM
Kitwave Group plans to join AIM, the junior market of the London Stock Exchange, on 24 May, in a move that will value the company at £105 million. Founded in […]
