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IN BRIEF: Kitwave guides to full-year ahead of expectations

4th May 2022 19:35

Kitwave Group PLC - North Shields, England-based food wholesaler - In the six months ended April 30, the company experiences a first-half strong performance with all divisions trading at pre-pandemic levels or higher. Kitwave now expects full-year results slightly ahead of expectations. Adds there is a heavier weighting towards toward in the second half of its year.

Chief Executive Paul Young says: "Following an encouraging first half performance, and with the second half of the year typically driving increased trading, we expect full year results to be slightly ahead of market expectations."

Current stock price: 150.00 pence

12-month change: down 1.3%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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