News blog

Christie Group

  • BY: Andrew Hore |
  • POSTED: 14/06/2017 |

Christie Group expects a much-improved first half, although the comparative period was weak.

The share price rose more than 10% to 96p.

The first half of last year was subdued because of the EU referendum. In 2016, revenues were flat at £64.5m, but pre-tax profit slumped from £3.16m to £477,000. The stock and inventory services division reduced its loss but the profit contribution by the business services division was slashed.  Net debt was £4m at the end of 2016. The dividend was maintained at 2.5p a share.

The stock and inventory services division has been winning new customers, while the business services division has been involved in a number of significant deals in the pubs, pharmacy and care sectors. 

© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds