Christie Group PLC Trading Statement (6500S)
December 22 2016 - 10:23AM
UK Regulatory
TIDMCTG
RNS Number : 6500S
Christie Group PLC
22 December 2016
22 December 2016
Christie Group plc
("Christie Group" or the "Company")
Trading update
Christie Group plc (CTG.L), the leading provider of Professional
Business Services and Stock & Inventory Systems & Services
to the leisure, retail and care markets, today announces an update
on trading as it approaches the year end.
Trading in the second half of the year, which followed the EU
referendum has, as predicted, been significantly stronger than the
first six months. Nonetheless, we are now expecting a number of
M&A transactions on which we are advising to carry over into
2017, which would have otherwise further strengthened second-half
earnings this year. We continue to expect to report an operating
profit for the year to 31 December 2016.
Looking ahead, the outlook for both our Professional Business
Services division and our Stock and Inventory Systems and Services
division remain positive and encouraging.
Enquiries:
Christie Group plc
David Rugg 020 7227 0707
Chief Executive
Dan Prickett 020 7227 0700
Chief Financial Officer
Panmure Gordon (UK) Limited:
Dominic Morley / Charles Leigh-Pemberton 020 7886 2906
Nominated Adviser & Broker
Notes to Editors:
Christie Group plc, quoted on AIM, is a leading professional
business services group with 46 offices across the UK, Europe and
Canada, catering to its specialist markets in the leisure, retail
and care sectors.
Christie Group operates in two complementary business divisions:
Professional Business Services (PBS) and Stock & Inventory
Systems & Services (SISS). These divisions trade under the
brand names: PBS - 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 essential 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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