Kitwave Group PLC (LSE:KITW) reported that trading for the 12 months ending October 2025 remained in line with expectations, despite ongoing pressures on consumer spending. The company continued to strengthen its operations with the successful integration of Creed, leading to the consolidation and closure of two depots, and invested in a new facility in the South West to support future growth. Kitwave has also aligned its financial year-end to December and plans to release a comprehensive trading update in January 2026.
In a leadership update, the company announced that Chief Financial Officer David Brind will retire, with Mark Earl set to assume the role. The transition is expected to be seamless, given Earl’s extensive experience within the organization. While Kitwave’s strong operational performance and attractive valuation underpin its outlook, recent bearish technical indicators suggest near-term caution.
More about Kitwave Group PLC
Founded in 1987, Kitwave Group PLC is a UK-based delivered wholesale business supplying impulse products, frozen and chilled foods, alcohol, groceries, and tobacco. Serving around 46,000 predominantly independent customers—including convenience stores, leisure venues, vending operators, and foodservice providers—the company operates a network of 37 depots nationwide. Kitwave has expanded through both organic growth and strategic acquisitions, focusing on smaller, family-run businesses within the UK’s fragmented wholesale market. The company has been listed on AIM since May 2021.
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