Kitwave Group plc announced that the Group intends to change its accounting reference date and financial year end from 31 October to 31 December, with immediate effect. The Group's business activities and revenues are weighted toward the middle third of the calendar year and, having noted comments from shareholders, the Directors recognise that presenting financial statements that have a more balanced first half and second half weighting would be in the best interests of the Group. As a result of this change in the accounting reference date, Kitwave's reporting timetable will be as follows: Publication of unaudited /interim results for the 12-month period ending 31 October 2025, no later than 31 January 2026; Publication of audited accounts for the 14-month period ending 31 December 2025, no later than 30 June 2026; Publication of unaudited interim accounts for the 6-month period to 30 June 2026, no later than 30 September 2026; and Publication of audited accounts for the 12-month period to 31 December 2026, no later than 30 June 2027, and subsequent 12-month periods thereafter to 31 December.
Kitwave Group PLC is engaged in wholesale business with deposits and delivery through the United Kingdom. The Company specializes in selling impulse products, frozen, chilled, and fresh foods, alcohol, and groceries. Its segments include Ambient, Frozen, and chilled, and Foodservice. The Ambient segment provides delivered wholesale of ambient food, drink, and tobacco products. The Frozen and chilled segment provides delivered wholesale of frozen and chilled food products. The Foodservice segment provides delivered wholesale of alcohol, frozen, chilled, and fresh food to trade customers. The Company has approximately 30 depots across the United Kingdom. Its product range includes branded lines, branded drinks, crisps and snacks, beers and wines, bottled waters, weigh outs, and tobacco. It also offers wholesale commercial catering supplies. It specializes in in the supply of ice cream, ice lollies, and convenience frozen food. It also carries a core range of branded beers and wines.
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