Full Year Trading Update

Summary by AI BETAClose X

Christie Group plc anticipates a full-year 2025 performance significantly exceeding upgraded expectations, with revenues from continuing operations projected to surpass £70.0m, up from £59.2m in 2024, and operating profit from continuing operations expected to exceed £6.5m, a substantial increase from £3.5m in 2024. This strong outcome is attributed to a 40% surge in December transaction volumes and improved average fees, alongside robust growth in international operations and its Professional and Financial Services division, even with challenging conditions in the UK hospitality sector impacting its Stock and Inventory Systems and Services division. The company concluded the year with a cash balance exceeding £9m and, despite a conservative outlook for 2026 profit growth due to strong 2025 deal completion, anticipates continued demand for its services.

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Christie Group PLC
19 January 2026
 

19  January 2026

 

Christie Group plc

("Christie Group" or the "Company")

 

                                                                          Full Year Trading Update

 

The Board of Christie Group plc (CTG.L) is pleased to advise that, further to its trading update on 23 December 2025 and following uncharacteristically strong invoicing in December, it now anticipates reporting a FY25 performance from its continuing operations considerably ahead of its previously upgraded expectations. Revenues from continuing operations for the twelve months ended 31st December 2025 are now expected to exceed £70.0m (2024: £59.2m) with operating profit from those continuing operations expected to exceed £6.5m (2024: £3.5m).

 

The Group has once again advised on the sale or purchase of over 1,100 businesses, but its average fee on those transactions is significantly improved on the prior year. The volume of transactions brokered in December was 40% higher than the average volume per month achieved in the previous 11 months and included an unexpectedly strong level of invoicing after the Group's last trading update on 23 December 2025. Its international agency and advisory operations have delivered strong year-on-year income growth.

 

As previously predicted, across its Professional and Financial Services ("PFS") division the Group has also benefitted from strong growth in its valuation, consultancy and finance brokerage operations and continued progression in strengthening its insurance brokerage brand. In its Stock and Inventory Systems and Services ("SISS") division, its market leading hospitality stocktaking business is expected to have contributed growth in both income and operating profit, despite particularly challenging conditions for the UK hospitality sector.

 

Operating profit from continuing operations excludes trading losses from the Vennersys brand and the losses on disposal realised on its sale, which was announced on 22nd December 2025 and which completed on 16th January 2026.

 

The Group has also ended the year with a significantly improved cash balance of over £9m, as it seeks to maintain a strong balance sheet to enable increased resilience.  

 

All figures reported above remain subject to audit and the Group expects to issue final audited results for 2025 in April 2026.

 

Outlook

 

The Group has begun 2026 with encouraging ongoing demand for its services and strong pipelines.

Nonetheless, having substantially outperformed in 2025, the Board remains conservative in its outlook for delivering further profit growth in 2026 while also maintaining a commitment to invest and expand its international brokerage operations.  This view also reflects the unexpectedly strong deal flow in the final weeks of 2025 and that as a result, transactions which the Board was anticipating were more likely to reach unconditional exchange in early 2026, have already transacted in 2025.


Dan Prickett, Christie Group Chief Executive Officer commented:

 

"The strength of performance we now expect to report for 2025 is testament to the incredible contributions, commitment and expertise of our people, the strength of our client offering and our commitment to providing unparalleled customer service. Our 2025 results better reflect the earnings potential of our continuing brands. We are pleased with the progress made in our European operations. Continued investment to broaden and strengthen our continental offering will remain a focus for us, as will a continuing investment in attracting and retaining the strongest talent across the Group.

We believe the volume of transactions we consistently advise on and our immersion in our specialist sectors - combined with our diversified and complimentary service offering - gives us an unrivalled insight to support our clients. We expect economic conditions to remain challenging for many businesses in our chosen sectors. However, demand for our own services appears robust and as long as lending conditions remain supportive, we remain optimistic for the year ahead and beyond."

 


Enquiries:

 

Christie Group plc

Dan Prickett                                                                       07885 813101

Chief Executive
                               

Simon Hawkins                                                                 07767 354366

Chief Financial 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 32 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 - Venners.

 

Tracing its origins back to 1896, the Group has a long-established reputation for offering valued services to client companies in agency, valuation services, investment, consultancy, project management, 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 https://www.christiegroup.com/.

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