Christie Group expects 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, Christie & Co, and alterations to the timing and outcome of certain significant portfolio assignments. The deal delays are expected to last until the end of the summer period before normal exchange and invoicing activity resumes. The slowdown in transactions reflects lower activity levels and sentiment in the wider market. However, the Group expects a positive second half trading performance, with transactional pipelines at historically strong levels. The Group's finance brokerage business and business appraisal operation are showing positive prospects, while its stocktaking activities in the hospitality and pharmacy sectors have performed well. The Group ended the first half without any term debt and with appropriate banking facilities in place. Interim results for the six months ended 30th June 2023 will be released in September.