Kitwave prepared for pressures of inflation after bouncing back into profit

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The chief executive of North East wholesale group Kitwave says it is prepared for the pressures of inflation on its business, as the firm hikes up full year expectations.

The North Shields company listed on the Stock Exchange last year, realising a 20-year ambition for CEO Paul Young to harness the power of its AIM market profile to drive forward growth.

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Dr. Marnie Millard

Kitwave Group plc, the delivered wholesale business, is pleased to announce the appointment of Dr Marnie Millard OBE to the Board as Non-Executive Chair, with effect from 30 May 2025.

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The North Shields-based firm released its final results for the year ending October 31 in which revenues increased by 10.2% to £663.7m. The company’s operating profit fell slightly over that