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Christie ( (GB:CTG) ) has shared an announcement.
Christie Group announced an expected increase in its full-year operating profit for 2024, surpassing previous estimates due to a strong finish in its Professional and Financial Services division. The company reported a significant turnaround with a second-half operating profit of over £2 million, driven by robust performance in its agency, advisory, and finance brokerage businesses. The Stock and Inventory Systems and Services division also saw growth, especially in its hospitality stock audit business. The Group ended the year with a positive cash balance and begins 2025 with an optimistic outlook despite potential tax burden impacts.
More about Christie
Christie Group plc is a professional business services group with 33 offices across the UK and Europe, specializing in the hospitality, leisure, healthcare, medical, childcare & education, and retail sectors. It operates through two main divisions: Professional & Financial Services (PFS), which includes brands like Christie & Co, Pinders, Christie Finance, and Christie Insurance, and Stock & Inventory Systems & Services (SISS), featuring brands such as Venners and Vennersys. Established in 1896, the company offers services like agency, valuation, investment consultancy, project management, trading systems, online ticketing, stock audit, and inventory management.
YTD Price Performance: -6.98%
Average Trading Volume: 7,441
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £26.19M
Find detailed analytics on CTG stock on TipRanks’ Stock Analysis page.
