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Christie Group PLC on Monday said annual profit and revenue grew, amid post-pandemic recovery. London-based Christie operates in two divisions - Professional & Financial Services and Stock & Investory Systems & Services - offering services to the hospitality, leisure, healthcare, medical, childcare & education, and retail sectors. It reported pretax profit of £4.4 million for 2022, up 13% from £3.9 million in 2021, on also a 13% rise in revenue, to £69.2 million from £61.3 million. ‘These results reflect the continuing strength of our recovery from the impact of Covid-19’, Christie said, noting a ‘significantly stronger’ balance sheet. Christie proposed a final dividend of 2.50 pence, up 25% from 2.00p in 2021, which resulted in a total dividend for the year of 3.75p, up 25% from 3.00p in the year prior. Looking ahead, Christie said the process for disposing of its Four Seasons Health Care property portfolio has progressed well and has generated significant market interest to date. Despite continued economic headwinds, Christie said it remains optimistic about future opportunities and anticipates stronger growth in the second half of the current financial year. Chair & Chief Executive Officer David Rugg said: ‘We believe we have the right mix of services, the right people and the right commitment through a challenging and supportive culture to complete the recovery of the Christie Group and drive its constituent companies to new heights in the years ahead.’ Shares were down 1.7% at 118.00 pence each in London on Monday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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