Kitwave confident despite recent trading weakness

2nd May 2024 10:32

(Sharecast News) - Kitwave Group said in a trading update on Thursday that it was maintaining its performance in line with current market expectations for the year ending 31 October.

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Kitwave buys Total Foodservice in £21m deal

28th Mar 2024 12:56

(Sharecast News) - Wholesaler Kitwave announced the acquisition of Total Foodservice Solutions on Wednesday, an independent food wholesaler operating in the North of England.

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Kitwave reports decent growth as it integrates acquisitions

27th Feb 2024 12:28

(Sharecast News) - Kitwave Group reported a 20% rise in revenue in its full-year results on Tuesday, to £602.2m, compared to £503.1m in the prior year.

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Kitwave acquires drinks wholesaler Wilds of Oldham

20th Nov 2023 11:10

(Sharecast News) - Kitwave Group announced the successful acquisition of composite drinks wholesaler WLG Holdings on Monday, trading as Wilds of Oldham.

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Kitwave FY results seen in line with expectations

6th Nov 2023 11:05

(Sharecast News) - Wholesale business Kitwave Group said on Monday that its full-year financial results were forecast to be in line with current market expectations.

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Canaccord Genuity raises target price on Kitwave

12th Dec 2022 09:59

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on food wholesaler Kitwave from 345.0p to 390.0p on Monday following the group's acquisition of WestCountry Food.

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Canaccord Genuity reiterates 'buy' rating on Kitwave

16th Sep 2022 09:30

(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on Kitwave shares on Friday, stating price weakness provided a buying opportunity.

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Canaccord Genuity hikes target price on Kitwave

5th Jul 2022 09:31

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on wholesale business Kitwave from 225.0p to 345.0p on Tuesday, stating a "strong" first half and a solid start to H2 had driven further upgrades to the stock.

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Kitwave ahead of expectations after strong first half

4th May 2022 11:21

(Sharecast News) - Independent wholesaler Kitwave reported a "strong" first half financial performance in a trading update on Wednesday, with all divisions now trading at pre-pandemic levels or higher.

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Canaccord Genuity raises target price on Kitwave

28th Feb 2022 09:07

(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on wholesale Kitwave from 240.0p to 255.0p on Monday, stating a "positive start" to the 2022 trading year had driven further upgrades for the stock.

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Kitwave acquires MJ Baker Foodservice

11th Feb 2022 10:42

(Sharecast News) - Wholesale business Kitwave Group has acquired West Country independent foodservice supplier MJ Baker Foodservice for £24.5m in cash, funded from existing banking facilities.

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Kitwave FY pre-tax profits seen 'significantly ahead' of expectations

26th Nov 2021 09:23

(Sharecast News) - Wholesaler Kitwave Group said on Friday that it expects to report full-year pre-tax profits "significantly ahead" of expectations.

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Wednesday broker round-up

14th Jul 2021 13:23

(Sharecast News) - Carnival: Berenberg upgrades to hold with a target price of 1,400p.

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