Christie Group – better than expected 2025 Update should push the shares, now 120p against brokers valuation of 250p

Mark Watson-Mitchell – 19.01.2026

The shares of the Christie Group (LON:CTG) look ready for an upward climb from Friday’s closing price of 120p.

This morning the agency outfit has announced its Full Year Trading Update for the year to end-December 2025.

The group anticipates a full-year 2025 performance significantly exceeding upgraded expectations, with revenues from continuing operations projected to surpass £70.0m, up from £59.2m in 2024, and operating profit from continuing operations expected to exceed £6.5m, a substantial increase from £3.5m in 2024.

That strong outcome is attributed to a 40% surge in December transaction volumes and improved average fees, alongside robust growth in international operations and its Professional and Financial Services division, even with challenging conditions in the UK hospitality sector impacting its Stock and Inventory Systems and Services division.

Its international agency and advisory operations have delivered strong year-on-year income growth.

The group has once again advised on the sale or purchase of over 1,100 businesses, but its average fee on those transactions is significantly improved on the prior year.

The company concluded the year with a cash balance exceeding £9m and, despite a conservative outlook for 2026 profit growth due to strong 2025 deal completion, anticipates continued demand for its services.

The Business

The £31.8m-capitalised group is a leading professional business services operation with 32 offices across the UK and Europe, catering to its specialist markets in the hospitality, leisure, healthcare, medical, childcare & education and retail sectors.

It operates in two complementary business divisions: Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS).

Outlook

The group reported that it has begun 2026 with encouraging ongoing demand for its services and strong pipelines.

Nonetheless, having substantially outperformed in 2025, the Board remains conservative in its outlook for delivering further profit growth in 2026 while also maintaining a commitment to invest and expand its international brokerage operations.  

This view also reflects the unexpectedly strong deal flow in the final weeks of 2025 and that as a result, transactions which the Board was anticipating were more likely to reach unconditional exchange in early 2026, have already transacted in 2025.

Management Comment

CEO Dan Prickett stated that:

"The strength of performance we now expect to report for 2025 is testament to the incredible contributions, commitment and expertise of our people, the strength of our client offering and our commitment to providing unparalleled customer service.

Our 2025 results better reflect the earnings potential of our continuing brands.

We are pleased with the progress made in our European operations.

Continued investment to broaden and strengthen our continental offering will remain a focus for us, as will a continuing investment in attracting and retaining the strongest talent across the Group.

We believe the volume of transactions we consistently advise on and our immersion in our specialist sectors - combined with our diversified and complimentary service offering - gives us an unrivalled insight to support our clients.

We expect economic conditions to remain challenging for many businesses in our chosen sectors.

However, demand for our own services appears robust and as long as lending conditions remain supportive, we remain optimistic for the year ahead and beyond."

Broker’s View

Analyst Rob Sanders, at Shore Capital Markets, considers that, on current projections and recent takeover situations, the group’s shares have a valuation of 250p a share.

For the 2025 year,

his estimates are for £70.0m (£60.4m) revenues, with adjusted pre-tax profits of £5.4m (£1.0m), lifting earnings to 15.8p (4.4p) and the dividend up to 2.8p (2.3p) per share.

My View

These shares, at 120p, are an extremely attractive investment proposition and could well move upwards ahead of its results being announced in April.

(Profile 19.01.26 @ 120p set a Target Price of 150p)