By Josh White
Date: Monday 19 Jan 2026
(Sharecast News) - Christie Group said in an update on Monday that it now expected to report a full-year performance for 2025 materially ahead of its previously upgraded expectations, following uncharacteristically strong invoicing in December.
Revenue from continuing operations for the year ended 31 December were now expected to exceed £70m, up from £59.2m in 2024, with operating profit from those operations forecast to exceed £6.5m, compared with £3.5m a year earlier.
Its board said the outcome reflected a sharp uplift in transaction volumes late in the year, with December deal activity running around 40% above the average monthly level seen over the previous 11 months.
The AIM-traded group advised on the sale or purchase of more than 1,100 businesses during the year, with average fees significantly improved year on year, while its international agency and advisory operations delivered strong income growth.
In its professional and financial services division, Christie benefited from continued momentum in valuation, consultancy and finance brokerage, alongside further progress in strengthening its insurance brokerage brand.
Within the stock and inventory systems and services division, its hospitality stocktaking business was expected to have delivered growth in both income and operating profit, despite what the company described as particularly challenging conditions across the UK hospitality sector.
Operating profit from continuing operations would exclude trading losses from the Vennersys brand and losses realised on its disposal, which was announced in December and completed on 16 January.
Christie said it ended the year with a significantly improved cash balance of more than £9m as it worked to maintain a strong balance sheet.
Looking ahead, the board said trading started positively in 2026, with encouraging demand and strong pipelines, but struck a cautious tone on further profit growth after the strong outperformance in 2025.
It noted that a number of transactions expected to complete in early 2026 had already been brought forward into the final weeks of last year.
"The strength of performance we now expect to report for 2025 is testament to the incredible contributions, commitment and expertise of our people, the strength of our client offering and our commitment to providing unparalleled customer service," said chief executive Dan Prickett.
"Our 2025 results better reflect the earnings potential of our continuing brands."
He added that the group was pleased with progress in its European operations and would continue to invest in broadening its continental footprint and attracting talent, while remaining "optimistic for the year ahead and beyond" provided lending conditions remain supportive.
Christie also confirmed the completion of the sale of its Vennersys visitor attraction software business to Digital Ticketing Systems, trading as Digitickets, with consideration unchanged from that set out in December.
Following the disposal, Paul Ian Harding had agreed to remain on the board in a non-executive capacity until the annual general meeting on 16 June, after which he would step down and not stand for re-election.
"We are pleased to have smoothly concluded the sale of Vennersys and we wish all of the customers and staff who have transferred as a result of the sale, a successful future under new ownership," Prickett said.
At 0858 GMT, shares in Christie Group were up 16.67% at 140p.
Reporting by Josh White for Sharecast.com.
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