Trading Update

RNS Number : 3597V

Christie Group PLC

13 December 2021

 

13 December 2021

Christie Group plc

("Christie Group" or the "Company")

Trading Update

The Board of Directors of Christie Group plc (CTG.L), the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, is pleased to announce the following trading update ahead of the end of the Company's financial year to 31 December 2021:

"Since the publication of our Interim Results in September our Professional & Financial Services Division has performed strongly and this means we currently believe that our full year results will at least be in line with market expectations and there is no change to our trading guidance set out in the Interim Results.

It is invariably the case that the conclusion to transactional assignments cluster at the calendar year end, while the resurgent pandemic currently provides increased uncertainty as to the timing of transaction commitments becoming binding.

Our Stock & Inventory Systems & Services Division continues to face some disruption to normal trading.

Nonetheless, should our year end progress continue as anticipated, we continue to expect our results for the full year to exceed current market expectations.

We intend to issue a further trading up date concerning the current year, early in 2022."

Enquiries:

Christie Group plc

David Rugg  020 7227 0707

Chairman and Chief Executive 

Daniel Prickett  020 7227 0700

Chief Operating Officer

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 40 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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