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Kitwave Group PLC ( (GB:KITW) ) has provided an announcement.
Kitwave Group PLC has announced a trading update for the 12-month period ending October 2025, reporting that trading has met expectations despite a challenging consumer spending environment. The company has invested in a new South West depot and successfully integrated Creed into its operations, resulting in the closure of two depots. Additionally, Kitwave has changed its financial year-end to December, with plans to publish a detailed trading update in January 2026. The company also announced a board change, with CFO David Brind retiring and Mark Earl set to succeed him. The transition is expected to be smooth, with Earl’s extensive experience within the company.
The most recent analyst rating on (GB:KITW) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on Kitwave Group PLC stock, see the GB:KITW Stock Forecast page.
Spark’s Take on GB:KITW Stock
According to Spark, TipRanks’ AI Analyst, GB:KITW is a Neutral.
Kitwave Group PLC’s stock score is primarily influenced by its strong financial performance and attractive valuation. However, bearish technical indicators suggest caution. The absence of recent earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:KITW stock, click here.
More about Kitwave Group PLC
Founded in 1987, Kitwave Group PLC is a delivered wholesale business based in the United Kingdom, specializing in impulse products, frozen, chilled and fresh foods, alcohol, groceries, and tobacco. The company serves approximately 46,000 mainly independent customers, including convenience retailers, leisure outlets, vending machine operators, and foodservice providers, through a network of 37 depots across the UK. Kitwave has grown both organically and through acquisitions, focusing on smaller, family-owned businesses in the fragmented UK grocery and foodservice wholesale market. The company was listed on the AIM of the London Stock Exchange in May 2021.
Average Trading Volume: 309,141
Technical Sentiment Signal: Sell
Current Market Cap: £180.9M
Find detailed analytics on KITW stock on TipRanks’ Stock Analysis page.