kitwave group plc said tuesday that pretax profit increased in fiscal 2022 as revenue grew in all business units and as covid19 related lockdown restrictions eased the londonlisted wholesale retailer said pretax profit rose to 178 million pounds 215 million in the year ended oct 31 compared with gbp21 million a year prior revenue rose to gbp5031 million from gbp3807 million led by the foodservice unit where likeforlike organic revenue grew 73 to gbp1241 million adjusted operating profitone of the companys preferred metrics which strips out exceptional and other oneoff itemswas gbp215 million compared with gbp71 million whilst the covid19 pandemic is mostly behind us its knockon effects still linger we remain cognizant of uk cost of living issues however the group is well placed to combat these and as such we are confident of a positive 2023 trading period chief executive paul young said the board plans to propose a final dividend of 675 pence per ordinary share taking the total payout for the year to 925 pence per ordinary share from 675 pence shares at 0945 gmt were up 130 pence or 59 at 2330 pence