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Pin to quick picksChristie Regulatory News (CTG)

Share Price Information for Christie (CTG)

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Share Price: 95.00
Bid: 90.00
Ask: 100.00
Change: -2.50 (-2.56%)
Spread: 10.00 (11.111%)
Open: 97.50
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Trading Update

1 Apr 2020 07:00

RNS Number : 3126I
Christie Group PLC
01 April 2020
 

1 April 2020

Christie Group plc("Christie Group" or the "Company")

 

Trading Update

 

The Board of Christie Group plc (CTG.L), the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, has issued the following statement:

 

"Further to our trading update dated March 20th.

 

Our Stock & Inventory Systems & Services division's physical activities are now held in abeyance.

 

Pharmacy counts continue where we see it as supporting an essential sector.

 

The cloud based visitor attractions system remains fully operational, but understandably online traffic has slowed.

 

Our Professional & Financial Services division continues to provide a restricted volume of transactional and advisory services, where possible, through our online presence.

 

Overall, the majority of our UK staff have been placed upon grant aided furlough. Other government backed arrangements apply internationally. This is significant and welcome support where people costs are the substantive portion of our cost base.

 

We began the year trading normally but as a result of the Covid-19 induced restriction of trade our Group do not anticipate being profitable this year.

 

We believe that the Group's own resources, taken together with expected government backed support are sufficient to meet our cash requirements.

 

Our committed management and their core teams are doing their utmost to remain in a strong position to increase our levels of activity as conditions permit."

 

 

Enquiries:

 

Christie Group plc

David Rugg

Chairman and Chief Executive 020 7227 0722

 

Dan Prickett

Chief Operating Officer 020 7227 0700

 

Shore Capital

Antonio Bossi / Sarah Mather

Nominated Advisor and Broker 020 7408 4090

 

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services group with 43 offices across the UK, Europe and Canada, 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 - 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.

 

For more information, please go to www.christiegroup.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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13th Jul 20222:18 pmRNSDirector/PDMR Shareholding
28th Jun 20229:02 amRNSChristie & Co instructed to sell 111 homes
17th Jun 20227:00 amRNSChristie & Co instructed to sell UK attraction
15th Jun 202211:36 amRNSResult of AGM
15th Jun 202210:00 amRNSAGM Statement
20th May 20229:00 amRNS2021 Annual Report and AGM Notice
18th May 20225:39 pmRNSDirector/PDMR Shareholding
28th Apr 20223:01 pmRNSDirector/PDMR Shareholding
25th Apr 20227:00 amRNSFinal Results
19th Jan 20227:00 amRNSTrading Update
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20th Sep 20217:00 amRNSInterim Results for six months ended 30 June 2021
16th Jun 202112:40 pmRNSTrading Update Presentation
16th Jun 202112:25 pmRNSResult of AGM
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21st May 20219:05 amRNS2020 Annual Report and AGM Notice
6th May 20217:00 amRNSDirectorate Change
22nd Apr 20212:02 pmRNSDirector/PDMR Shareholding
19th Apr 20217:00 amRNSDirectorate Change
19th Apr 20217:00 amRNSFinal Results
31st Mar 20214:48 pmRNSChristie sells the most hotels in Europe in 2020
24th Mar 20217:00 amRNSPinders launches new website
16th Mar 20213:46 pmRNSDirector/PDMR Shareholding
4th Feb 20217:00 amRNSPost close trading update
16th Dec 20202:27 pmRNSNew MD for Orridge UK Retail and Pharmacy ops
23rd Nov 20207:00 amRNSSale of Holiday Inn Paris-Porte de Clichy

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