Christie Group plc, the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, is pleased to announce its preliminary results for the 12 months ended 31 December 2018.
Key points:
- Revenue growth of 6.3% to £76.1m (2017: £71.6m)
- Operating profit up by 8.4% to £4.1m (2017: £3.8m)
- Significant improvement in the performance of our international operations
- Earnings per share improved to 11.23p per share (2017: 9.47p per share)
- Total dividend for the year increased to 3.0p per share (2017: 2.75p per share)
- Strong performance for the PFS division with operating profit of £5.6m (2017 £5.3m)
- Challenging year for retail stocktaking within the SISS division, however a return to profit strategy implemented for UK Retail stocktaking
- Record year for the hospitality stocktaking business
Commenting on the results, David Rugg, Chairman and Chief Executive of Christie Group said: “2018 was a year of solid performance. Currently, the uncertainty surrounding Brexit is causing UK transaction related activity to slow. We do have, however, an increased pipeline of transactions. We fully expect these to flow through to completed assignments once investors have more certainty of the Brexit outcome. We expect the second half to be our stronger performance.”
christie-grp