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Christie Group PLC - London-based financial, inventory and systems services provider - Announces that it expects its full year performance to be ‘materially below’ previous expectations due to continued delays in achieving contractual exchange on ongoing transactions in its agency and advisory business. These deal delays are anticipated to last until the end of summer. The slowdown in transactions brokered by Christie & Co in the first half of the year reflects lower activity levels and sentiment in the wider market. ‘The board nonetheless expects a positive second half trading performance, markedly ahead of first half performance and more consistent with second-half trading in 2022. Transactional pipelines are at levels which remain historically strong and which support this trading outlook,’ says Christie Group. Current stock price: 113.30 pence, down 23% 12-month change: down 7.1% Copyright 2023 Alliance News Ltd. All Rights Reserved
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