Christie Group (AIM:CTG), the AIM‑listed provider of professional and financial services and stock and inventory systems to healthcare, hospitality, leisure, medical, childcare & education and retail sectors, reported a good start to the year and reaffirmed unchanged full‑year expectations for the period to 31 May.
UK agency pipelines were up year‑on‑year by over 14% in value terms and by 19% by volume, but the Group expects a greater proportion of pipeline conversion to be realised in the second half as deal times have proved slightly extended.
Valuation and business appraisal revenues were over 8% higher than the same period a year earlier, Christie Finance fee income was 23% higher, Christie Insurance delivered steady client retentions with improving business and life sales, and Venners' revenues were marginally ahead of last year.
The Board said it still expects to sell in excess of 1,000 businesses in 2026, anticipates a second‑half weighting to revenue and profits, and remains mindful that geopolitical uncertainty is lengthening transaction timelines while investor and lender appetite for the Group's sectors remains resilient.
The update was issued in advance of the Group's Annual General Meeting being held today.
