Kitwave warns of pressures on full-year profitability
19th Feb 2026 10:30
(Sharecast News) - Kitwave Group warned on Thursday that full-year profitability was likely to come under pressure after weaker-than-expected demand in hospitality and cost inflation weighed on margins in the first quarter.
Read moreKitwave flags record results as board agrees all-cash takeover
22nd Jan 2026 12:15
(Sharecast News) - Kitwave Group reported record interim revenue and adjusted operating profit for the year ended 31 October on Thursday, as the wholesale group also agreed the terms of a recommended £251m all-cash takeover by funds managed by OEP Capital Advisors.
Read moreKitwave trading in line with expectations, CFO to step down
5th Nov 2025 14:36
(Sharecast News) - Kitwave Group said in an update on Wednesday that it expects full-year profit to be in line with market expectations after trading in the second half of its financial year met forecasts, as it also announced the upcoming retirement of its long-serving chief financial officer.
Read moreCanaccord Genuity lowers target price on Kitwave
1st Jul 2025 12:34
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on Kitwave from 495.0p to 420.0p on Tuesday, noting that the firm's "tough start" to H2 had prompted FY25 forecast revisions.
Read moreKitwave cuts full-year profit outlook, shares tumble
1st Jul 2025 09:13
(Sharecast News) - Kitwave tumbled on Tuesday as it posted record first-half revenue and operating profits but cut its full-year profit outlook, citing fragile consumer confidence and increased costs.
Read moreKitwave appoints ex-Nichols CEO Millard as new chair
2nd Jun 2025 11:28
(Sharecast News) - Kitwave Group announced the appointment of Dr Marnie Millard OBE as its new non-executive chair on Monday, effective 30 May.
Read moreKitwave trades as expected through first half
7th May 2025 12:05
(Sharecast News) - Kitwave Group said in an update on Wednesday that trading for the six months ended 30 April was in line with expectations, with a recovery in hospitality-related demand offsetting early weakness in its foodservice division.
Read moreCanaccord Genuity raises target price Kitwave following Creed Catering acquisition
25th Sep 2024 08:01
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on foodservice wholesaler Kitwave from 455.0p to 495.0p on Wednesday following the group's £70.0m cash acquisition of Creed Catering Supplies.
Read moreKitwave reports robust summer trading
3rd Sep 2024 08:54
(Sharecast News) - Kitwave Group reported positive trading in an update for the four months ended 31 August on Tuesday, indicating robust performance during its traditionally-busiest period.
Read moreSunday share tips: UK shares, Kitwave
7th Jul 2024 10:15
(Sharecast News) - Investment specialists are positive on the outlook for shares in the UK in the wake of Labour's victory, the Financial Mail on Sunday's Midas column said.
Read moreKitwave hikes first-half dividend despite weaker earnings
2nd Jul 2024 12:53
(Sharecast News) - Kitwave Group reported an 8% increase in first-half revenue on Tuesday, to £297m for the six months ended 30 April, compared to £275m for the same period last year.
Read moreKitwave 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.
Read moreKitwave 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.
Read moreKitwave 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.
Read moreKitwave 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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