AIM listings have a habit of flying under the radar, and this week’s admission to the London market for established independent wholesaler, Kitwave, is no exception. The day turned out to be a success and shares have moved up since the flotation.
IGTV’s Jeremy Naylor spoke to Paul Young, Kitwave founder and 15% stakeholding CEO, about the flotation and what next.
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
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
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