- Christie Group
- 23 December 2025 08:04:34
Source: Sharecast
The company said in a trading update that it now expects to report a stronger full-year performance from its continuing operations than previously anticipated.
It said encouraging activity levels across its professional & financial services division were maintained throughout the second half, with particularly strong invoicing now expected to be achieved in the fourth quarter.
It said Christie & Co will once again have advised on the sale or purchase of more than 1,000 businesses in the UK, but at markedly improved levels of average fee compared to 2024. The international brokerage operations will also deliver strong year-on-year growth in revenues.
Valuation activity has been strong in both Christie & Co and Pinders, and the group's finance brokerage brand, Christie Finance, expects to deliver continued growth in both revenues and profit. Meanwhile, renewals performance in its insurance intermediary business, Christie Insurance, is also expected to be stronger than original expectations.
The company announced on Monday that it had agreed to dispose of its loss-making software business, Vennersys. Its remaining stocktaking brand, Venners, is expected to contribute growth in revenues and a sustained level of operating profit.
Christie also said that strong trading in the second half will be reflected in "a positive and improved" year end cash position.