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Birmingham Post
Birmingham Post
Business
Tom Keighley

North East wholesaler Kitwave raises expectations after strong first half

North East wholesale group Kitwave said all of its divisions are now trading at pre-pandemic levels or higher and anticipates full year results to be ahead of expectations.

The North Shields-based business, which operates depots across the country, said it had enjoyed a strong first half in the six months to the end of April.

But it sounded a note of caution about the potential for cost of living pressures to impact on consumers' spending power, and therefore the business' revenues.

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