Christie Group (LSE:CTG) shares strengthened 29.2% to 155p after annual results showed revenue from continuing operations up 19.2% to £70.6m and operating profit from continuing operations up 95.5% to £6.9m.
Earnings per share from continuing operations rose 87.9% to 19.37p, total EPS from continuing and discontinued operations was 5.08p (2024: 7.77p), net funds improved to £9.4m (2024: £4.9m) and the Board proposed a final dividend up 57% to 2.75p, giving a full-year dividend of 3.50p (2024: 2.25p).
"We outperformed original expectations quite substantially, in part due to exceptionally strong deal flow in Q4," said Dan Prickett, Chief Executive.
The Professional & Financial Services division drove the performance with revenue up 22.1% to £59.6m and operating profit of £6.1m, while Stock & Inventory Systems & Services grew revenue 5.4% to £11m with operating profit of £0.8m.
The Group completed the disposal of non-core Vennersys in January 2026 for an initial cash consideration of £0.5m (with potential deferred consideration capped at £0.9m), a transaction the Board says improves the quality of earnings and is excluded from continuing operations.
Operationally Christie sold 1,164 businesses in 2025-up 45% to nearly £2bn in value-while average brokerage fees rose 26% and valuations carried out increased 63% to 7,965 units.
The Board said 2026 has started with encouraging demand-UK transactional pipelines were 9.6% higher on 1 January and instruction levels remained robust in Q1-and it is confident, absent major market disruption and assuming normalised invoicing, of achieving similar business sales volumes in FY26 while continuing to invest in international growth.