Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Christie Group Plc LSE:CTG London Ordinary Share GB0001953156 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 81.50 77.00 86.00 81.50 81.50 81.50 1,924 07:49:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 78.0 4.4 15.3 5.3 22

Christie Group PLC Trading Update

01/04/2020 7:00am

UK Regulatory (RNS & others)


Christie (LSE:CTG)
Historical Stock Chart


From Oct 2019 to Oct 2020

Click Here for more Christie Charts.

TIDMCTG

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

TSTSDLFWFESSEED

(END) Dow Jones Newswires

April 01, 2020 02:00 ET (06:00 GMT)

1 Year Christie Chart

1 Year Christie Chart

1 Month Christie Chart

1 Month Christie Chart
ADVFN Advertorial
Your Recent History
LSE
CTG
Christie
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201020 21:31:48