Christie Group PLC Trading Statement (9963P)
13 Octobre 2023 - 8:00AM
UK Regulatory
TIDMCTG
RNS Number : 9963P
Christie Group PLC
13 October 2023
13 October 2023
Christie Group plc
("Christie Group" or the "Company")
Trading Update
The Board of Christie Group plc (CTG.L) is pleased to report a
return of more normalised levels of exchange and invoicing activity
in its agency and advisory business, Christie & Co, following
the end of the summer period. Transactional pipelines have
recovered to far stronger levels than were seen during the first
half. The improved invoicing level is anticipated to continue for
the remainder of the year.
However, while the business has seen a good recovery in
invoicing, there continues to be unpredictability in the precise
dates of transactions as has been reported in previous
announcements. Accordingly, as the year end gets closer, the Board
believes some transactions scheduled to complete during 2023 are
likely to be delayed into 2024. In this context, the Board now
prudently anticipates that the second half performance is likely to
result in a full year operating profit before exceptional items of
between GBP0 and GBP1.0m, being a second half operating profit
before exceptional items of between GBP1.4m and GBP2.4m.
Enquiries:
Christie Group plc
Dan Prickett 07885 813101
Chief Executive
Simon Hawkins 07767 354366
Group Finance Director
Shore Capital
Patrick Castle 020 7408 4090
Nominated Advisor and Broker
Notes to Editors:
Christie Group plc, quoted on AIM, is a leading professional
business services group with 38 offices across the UK and Europe,
catering to its specialist markets in the hospitality, leisure,
healthcare, medical, childcare & education and retail
sectors.
Christie Group operates in two complementary business divisions:
Professional & Financial Services (PFS) and Stock &
Inventory Systems & Services (SISS). These divisions trade
under the brand names: PFS - Christie & Co, Pinders, Christie
Finance and Christie Insurance: SISS - Orridge, Venners and
Vennersys.
Tracing its origins back to 1846, the Group has a
long-established reputation for offering valued services to client
companies in agency, valuation services, investment, consultancy,
project management, multi-functional trading systems and online
ticketing services, stock audit and inventory management. The
diversity of these services provides a natural balance to the
Group's core agency business.
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulations (EU) No. 596/2014.
For more information, please go to www.christiegroup.com.
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END
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