Christie Group (CTG)

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FTSE AIM All-Share

83.33p
   
  • Change Today:
    -1.67p
  • 52 Week High: 160.00
  • 52 Week Low: 83.33
  • Currency: UK Pounds
  • Shares Issued: 26.53m
  • Volume: 0
  • Market Cap: £22.11m
  • RiskGrade: 163

Christie Group posts solid set of full-year numbers

By Josh White

Date: Monday 24 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Professional and inventory systems and services provider Christie Group reported strong revenue growth of 13% in its final results on Monday, to £69.2m.
The AIM-traded company recorded a 5% increase in operating profit over the 12 months ended 31 December, to £5.5m, ahead of market expectations.

It said it sold more than 1,000 businesses during the year, demonstrating its continued success in the market.

The professional and financial services division performed exceptionally well, the board said, surpassing pre-pandemic revenue levels.

Meanwhile, the stock and inventory systems and services division had largely re-established business as usual, although it was not yet back at 2019 levels.

Christie Group noted that it earned revenues to replace the £2.6m government support it received in 2021.

The firm's balance sheet was strengthened, with the company having eliminated pension deficits on both defined pension schemes, which were now in surplus.

There had been a 56% improvement in net funds, to £7.2m in 2022 from £4.6m in 2021.

Finally, the board increased the final dividend by 25% to 2.5p, bringing the total dividend in the year to 3.75p, up from 3p in the prior year.

"A very positive set of results in a year when we substantially grew revenue, increased profit, grew cash and saw our balance sheet transformed," said chairman and chief executive officer David Rugg in a short statement.

At 1218 BST, shares in Christie Group were up 3.33% at 124p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Christie Group Market Data

Currency UK Pounds
Share Price 83.33p
Change Today -1.67p
% Change -1.96 %
52 Week High 160.00
52 Week Low 83.33
Volume 0
Shares Issued 26.53m
Market Cap £22.11m
RiskGrade 163

Christie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.67% above the market average50.67% above the market average50.67% above the market average50.67% above the market average50.67% above the market average
42.53% above the sector average42.53% above the sector average42.53% above the sector average42.53% above the sector average42.53% above the sector average
Price Trend
42.31% below the market average42.31% below the market average42.31% below the market average42.31% below the market average42.31% below the market average
57.28% below the sector average57.28% below the sector average57.28% below the sector average57.28% below the sector average57.28% below the sector average
Income
62.71% above the market average62.71% above the market average62.71% above the market average62.71% above the market average62.71% above the market average
76.27% above the sector average76.27% above the sector average76.27% above the sector average76.27% above the sector average76.27% above the sector average
Growth
59.26% below the market average59.26% below the market average59.26% below the market average59.26% below the market average59.26% below the market average
72.55% below the sector average72.55% below the sector average72.55% below the sector average72.55% below the sector average72.55% below the sector average

Christie Group Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Oct-23 08-Jun-23
Paid 03-Nov-23 07-Jul-23
Amount 0.50p 2.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Christie Group Key Personnel

COO Dan Prickett

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