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Christie Group PLC - London-based financial, inventory and systems services provider - Expects performance for 2023 to be more weighted to the second half than previously anticipated. Says a backlog of transactions has occurred due to delayed lead times. It blames ‘a culmination of recent unprecedented conflation of market timings, caused by the coincidental sale of exceptionally large portfolios of Dental, Pharmacy and Care Home assets on unit by unit bases’. Says expectations for all of 2023 remain unchanged.
For 2022, Christie reported pretax profit of £4.4 million, up 13% from £3.9 million in 2021, on also a 13% rise in revenue, to £69.2 million from £61.3 million.
Current stock price: 133.00 pence each, down 11% on Thursday morning in London
12-month change: up 16%
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