Kitwave Group reports record sales
Wholesaler announces eighth year of consecutive growth
Kitwave Wholesale Group has announced another year of record financial results.
The group, which was recently ranked as number 47 in the Sunday Times Top Track 250 list of Britain’s leading privately owned mid-market growth companies, has now reported its eighth year of consecutive growth.
During the past 12 months the business has successfully increased its turnover by more than £25 million to £367 million and employs almost 1,000 people across the UK.
“It has been a very positive year for the Group,” said David Brind, CFO , Kitwave Wholesale Group.“Kitwave continues to deliver growth in revenue, margin and profitability, whilst ensuring strong cash generation is maintained. The Group expects this trend to continue in the foreseeable future.”
“It is vital to us, to our customers and to our Brand supplier partners that we are seen as the trusted route to market. Our service delivery scores are testament to the hard work of all our staff and our commitment to providing a reliable delivered solution to the independent sector. The independent retail and foodservice sectors demand service quality, product range, value and product availability and the Kitwave solution continually delivers in all of these areas.”Foodservice growth Kitwave Wholesale Group retail wholesale