Kitwave Group PLC: Investor Update Video
Join Ben Maxted and David Brind as they sit down with Investor Meet Company to talk through the Kitwave Group PLC Investor Presentation.
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Kitwave Group 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. Read full article here
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Acquisition of WLG (Holdings) Limited
Kitwave Group plc is pleased to announce that the Group has acquired the entire issued share capital of WLG (Holdings) Limited, which trades as Wilds of Oldham (“Wilds of Oldham”), a composite drinks wholesaler (the “Acquisition”). The total gross consideration for the Acquisition, payable in cash, has been funded from the Group’s current banking facilities.Established for over 25 years, Wilds…
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Kitwave wins AIM Growth Business of the Year Award
Kitwave Group plc, the delivered wholesale business, is pleased to announce that it has won ‘AIM Growth Business of the Year’ at the AIM Awards 2023 event held on 12 October 2023. The event was held at Old Billingsgate in the City of London, hosted by television presenter and journalist Louise Minchin. Celebrating 28 years, the AIM Awards, in association…
Read full article Kitwave Group increases revenues by 23%
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 improved to 21.6%. Read full article here
Read full article 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 profit margin increased from 18% to 20%. Read full article here
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Kitwave appoints new Non-Executive Director
Kitwave Group plc, the delivered wholesale business, is pleased to announce the appointment of Teresa Octavio to the Board as Non-Executive Director, with effect from 1 February 2023. Teresa has a wealth of advisory and board experience and, throughout her career, has been responsible for improving and developing companies’ growth strategy, culture, performance management, governance and organisational effectiveness. Teresa has…
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Kitwave appoints new Divisional Operations Director
Kitwave Group plc, the delivered wholesale business, is pleased to announce the appointment of Lucie Milburn as the new Divisional Operations Director of its Frozen & Chilled division. Lucie, a qualified CIMA professional, brings over 17 years of experience within Supply Chain Operations and Finance at FTSE 100 Diageo, having held director level positions in both Operations and Finance. Lucie…
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Acquisition of WestCountry Food Holdings Limited
Kitwave Group plc, the delivered wholesale business, is pleased to announce the acquisition of WestCountry Food Holdings Limited, a specialist fresh produce wholesaler to the foodservice sector. Established in 1856, WestCountry is a leading wholesaler of local, regional and imported fresh produce in the South West of England. The business has developed an unrivalled network of dedicated, high-quality local growers…
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Kitwave CFO receives award at the Northern Finance Director Awards
We are very proud to announce that our very own David Brind, Kitwave’s Chief Financial Officer, received the award for Best Northern Finance Director of a listed company at the 2022 Northern Finance Director Awards last night at the celebratory gala dinner in Leeds. Over 150 guests attended the awards night, from leading Finance Directors and their teams to business…
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