Kitwave Delivers Record Revenues and Profit as Foodservice Integration Advances

Kitwave Group PLC ( (GB:KITW) ) just unveiled an update.

Kitwave reported record unaudited revenue of £802.7 million for the year to 31 October 2025, up 20.9% year-on-year, with gross margin improving to 22.8% and adjusted operating profit rising 11.7% to £38.0 million, driven largely by growth and mix shift in its higher-margin Foodservice division. Strong cash generation, improved cash conversion to 104% and a reduction in leverage to 2.3x including leases underline a strengthened balance sheet, even as reported earnings per share dipped due to a larger share base and the Group absorbed short‑term restructuring and integration costs tied to consolidating foodservice depots and ramping up a new South West distribution centre; management says these investments, alongside the completed integration of recent foodservice acquisitions into Creed Foodservice and solid performance in the Retail & Wholesale division, position the company to extract operational synergies and support future growth amid a challenging macro environment, while a proposed acquisition by OEP Capital Advisors L.P. offers an attractive exit for shareholders.

The most recent analyst rating on (GB:KITW) stock is a Buy with a £420.00 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

Kitwave Group plc is a UK-based delivered wholesale business that supplies impulse products, frozen, chilled and fresh foods, alcohol, groceries and tobacco to around 46,000 mainly independent customers. Operating through a network of 37 depots across the country, it serves independent convenience retailers, leisure outlets, vending operators, foodservice providers, other wholesalers and major national retailers, and has grown through a mix of organic expansion and acquisitions in the fragmented grocery and foodservice wholesale market.

Average Trading Volume: 226,299

Technical Sentiment Signal: Sell

Current Market Cap: £175M

For detailed information about KITW stock, go to TipRanks’ Stock Analysis page.