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Birmingham Post
Birmingham Post
Business
Coreena Ford & Graeme Whitfield

Kitwave prepared for pressures of inflation after bouncing back into profit

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.

The firm, which was launched as a single site confectionery wholesaler in 1987 years ago, has now shrugged off the effects of the pandemic to returned to half-year profit after a significant increase in revenues.

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