Christie Group PLC has released its full year trading update, indicating an improved second half trading performance in 2023 compared to the first half. The company expects the full year result, before exceptional costs, to be in line with market expectations. Revenues in the Professional and Financial Services division returned to more encouraging levels in the latter part of 2023, while the Stock & Inventory Systems & Services division experienced lower revenues in H2 due to seasonal trading patterns and the loss of a client. The company anticipates reporting a second-half operating profit before exceptional items.

The Group is observing positive activity levels across its sectors at the start of 2024, with UK transactional and advisory pipelines showing significant improvement from a year ago. The year has started positively, with strong January invoicing in its UK agency and advisory business, Christie & Co. The Group expects to issue final audited results for 2023 in April 2024.

Christie Group PLC, a leading professional business services group with 37 offices across the UK and Europe, operates in two complementary business divisions: Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS). The company has a long-established reputation for offering valued services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems, online ticketing services, stock audit, and inventory management.

The information contained within the announcement is deemed by the Company to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.