Christie Group PLC Interim Results

Christie Group plc

Interim Results for the six months ended 30 June 2022

Christie Group plc ('Christie Group' or the 'Group'), the leading provider of Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS) to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, is pleased to announce its interim results for the six months ended 30 June 2022.

H1 2022 Highlights

  •  Revenues up by £5.1m (18%) to £33.7m (H1 2021: £28.6m)
  • Operating profit increased by 26% to £2.3m (H1 2021: £1.8m)
  • Strong PFS performance with robust demand across all sectors with strong pipelines
  • Hospitality stocktaking business now trading profitably post Covid
  • Significant progress made in SISS division
  • Increase in interim dividend to 1.25p (H1 2021: 1.0p)
  • Strong cash balance at 30 June 2022 of £8.6m
  • Earnings per share increased by 69% to 5.36p (H1 2021: 3.17p)
  • Pension liability further reduced by £1.0m (11%)
  • We look forward to a strong and profitable H2

Commenting on the results, David Rugg, Chairman and Chief Executive of Christie Group, said:

“A pleasing 1st half year performance with both revenues and profitability increasing. We have strong demand for our services and continue to win notable assignments. Despite the economic clouds gathering, we anticipate a successful full year performance.”

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