Kitwave Group plc (KITW.L)
Kitwave Group plc operates in the Food Distribution industry of the Consumer Defensive sector, headquartered in North Shields, GB. The stock last traded at $294.00, down 0.34% on the session, giving a market capitalisation of $246.2M. Its beta of 0.92 implies it has historically moved less than the broad market.
Kitwave Group plc operates as a wholesale distributor within the United Kingdom, structured into three primary segments: Ambient, Frozen & Chilled, and Foodservice. The Ambient division provides a range of dry goods such as confectionery, soft drinks, crisps, snacks, and tobacco items. It caters to independent convenience shops, vending machine operators, national retail chains, and other wholesale entities in the UK, facilitated by its six regional depots. The Frozen & Chilled division specializes in frozen and refrigerated products, including ice creams, pizzas, potato items, pre-prepared meals, and various other chilled goods, supplying independent convenience retailers, leisure establishments, and fellow wholesalers from its ten distribution hubs. Lastly, the Foodservice division delivers a comprehensive selection of frozen, chilled, and ambient foodstuffs, complemented by alcoholic and soft drinks. This division serves independent traditional foodservice clients, such as pubs, restaurants, and entertainment venues, in addition to organizations in the care home and education industries, supported by eleven dedicated depots. Founded in 1987, Kitwave Group plc is headquartered in North Shields, United Kingdom.
Kitwave Group plc is most often compared with the following Consumer Defensive names: