Christie hikes dividend as profit jumps; hails "encouraging" demand

(Alliance News) - Christie Group PLC on Monday said that 2026 began with "encouraging levels of ongoing demand" for its services as it announced a sharply higher dividend and profit for 2025.

Christie shares jumped 33% to 160.00 pence each on Monday morning in London.

The London-based provider of professional services, including stock and inventory systems, for customers in the hospitality, leisure, healthcare, medical, childcare, education and retail sectors said pretax profit surged to GBP6.0 million in 2025 from GBP2.6 million in 2024.

Revenue climbed 19% to GBP70.6 million from GBP59.2 million.

Employee benefit costs increased 14% to GBP47.5 million from GBP41.6 million, while other operating costs came in 15% higher at GBP16.3 million from GBP14.1 million.

Christie proposed a final dividend of 2.75p, up 57% from 1.75p a year ago. This brings the total payout for 2025 to 3.50p, 56% higher than 2.25p for 2024.

The company said that "2026 has begun with encouraging levels of ongoing demand for the group's services," noting that UK transactional pipelines were 9.6% higher as at January 1 than a year ago, while instruction levels remained robust throughout the first quarter.

Chief Executive Officer Dan Prickett said: "After driving strong growth over the year alongside strategic divestments, the Group is now well positioned to deliver on our strategic objectives in the years ahead as we focus on driving revenue and earnings growth from our continuing operations, strengthening our balance sheet further and delivering enhanced value for our clients, staff and shareholders."

He added: "While still relatively early in the new financial year, momentum in 2026 has been encouraging. As a result, absent of disruption from the current geopolitical backdrop, we remain confident in delivering another year of positive progress and achieving our third consecutive year of selling over 1,000 businesses."

By Tom Budszus, Alliance News slot editor

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