Christie Share News (CTG)

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Christie notes boost from financial services at 2024 start

Christie Group PLC - London-based financial, inventory and systems services provider - Expects to report an improved second half trading performance for 2023 compared to the first half, citing a revenue boost from its Professional & Financial Services division which "returned to more encouraging levels" after summer. However, revenue in the Stock & Inventory Systems division was lower in the second half than in the first half. "The group is seeing positive and encouraging activity levels across its sectors at the start of 2024, with its UK transactional and advisory pipelines having now recovered to a significantly improved position from a year ago," Christie says. It aims to report its 2023 results in April.

Christie Group set to announce stronger second-half performance

(Sharecast News) - Christie Group said in an update on Thursday that it was poised to announce a stronger trading performance in the second half of 2023 compared to the first half.

IN BRIEF: Christie announces sale of Pippa Pop-ins Nursery Schools

Christie Group PLC - London-based financial, inventory and systems services provider - Says its specialist business property adviser, Christie & Co, has announced the sale of London-based Pippa Pop-ins Nursery Schools to Dukes Education, a UK-based premium school group. "Pippa Pop-ins is a long-established, highly respected family-owned portfolio comprising four prestigious nursery schools located on the borders of Kensington, Notting Hill, Holland Park, Chelsea, and Fulham in London," Christie says. Adds that the sale is considered to be "the highest value independent small nursery group OpCo transaction to have been completed in the UK."

AIM WINNERS & LOSERS: Landore postpones Toronto dual listing plans

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

IN BRIEF: Christie shares fall on uncertain market and deal delays

Christie Group PLC - London-based financial, inventory and systems services provider - Says invoicing levels have "markedly" improved since that end of summer, and expects to report a better performance for the second half of 2023 than that for the first half. Adds that transaction pipelines and activity are "much improved" heading into early 2024.

Christie FY results to miss market expectations due to transaction delays

(Sharecast News) - Professional business services firm Christie Group warned on Friday that full-year results were set to miss market expectations due to transaction delays.

TRADING UPDATES: Bezant optimistic after Hope & Gorob estimate

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Christie & Co appointed to market 29 caravan parks and properties

(Sharecast News) - Christie Group announced on Friday that its agency and advisory business, Christie & Co, has been appointed by the administrators for several companies linked to RoyaleLife Group to market 29 residential caravan parks and properties.

Christie Group cautious over full-year expectations

(Sharecast News) - Christie Group reported a boost in its agency and advisory business, Christie & Co, on Friday, reflecting more normalised levels of exchange and invoicing activity following the close of the summer period.

Christie shares fall following full-year profit warning

(Alliance News) - Christie Group PLC shares were down on Friday, after it is issued a profit warning.

Christie brokers dental partnership between Queensway and Dentex

(Alliance News) - Christie Group PLC on Monday said its agency and advisory business, Christie & Co, has brokered a landmark partnership between North East-based dental business Queensway Group, and Dentex.

IN BRIEF: Christie shares fall on "disappointing" half-year results

Christie Group PLC - London-based financial, inventory and systems services provider - Says revenue in the six months ended June 30 fell by 1.8% to GBP33.1 million from GBP33.7 million a year prior, due to a "decline in transactional volumes in our agency business", the company says. Swings to a pretax loss of GBP1.9 million from a GBP1.7 million profit the year before as employee benefit expenses rose by 8.2% to GBP25.2 million. Declares an interim dividend of 0.5 pence per share, down 60% from 1.25p in the first half of 2022. Looking ahead, says its full-year outcome will be "determined by the number of deals which can be brought to contractual exchange in the remaining four months of 2023."

LONDON MARKET CLOSE: Downbeat start to inflation-focused week

(Alliance News) - Stocks in London closed in the red on Monday, with markets bracing for latest inflation figures from the world's two largest economies in the week ahead.

IN BRIEF: Christie Group full year performance expectations fall

Christie Group PLC - London-based financial, inventory and systems services provider - Announces that it expects its full year performance to be "materially below" previous expectations due to continued delays in achieving contractual exchange on ongoing transactions in its agency and advisory business. These deal delays are anticipated to last until the end of summer. The slowdown in transactions brokered by Christie & Co in the first half of the year reflects lower activity levels and sentiment in the wider market.