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Christie Group Adjusts Profit Forecast Amid Volatility

Christie Group Adjusts Profit Forecast Amid Volatility

Christie (GB:CTG) has released an update.

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Christie Group PLC has adjusted its full-year profit expectations downward due to ongoing market volatility and a first-half operating loss, despite robust revenue projections. The company foresees a full-year operating profit between £0.5m and £1.0m, reflecting uncertainties in transaction timings. However, with a strong transactional pipeline and an anticipated increase in business brokering in 2024, Christie remains optimistic about its future performance.

For further insights into GB:CTG stock, check out TipRanks’ Stock Analysis page.

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