Investment Case

Following the disposal of two-long term loss-making brands in 2024 and 2025, we are now committed to developing, investing and growing our remaining core brands. Those continuing businesses delivered 19% revenue growth and an operating profit margin of 9.7% in FY2025 (2024: 5.9%) and we are focused on delivering further growth and improved financial performance in the years ahead.

Christie Group is focused on providing a range of complementary professional services which assist clients to buy, sell, finance, insure, operate and develop their businesses across our chosen sectors. We always act with impartiality, objectivity and integrity.

We consistently advise on the sale or purchase of over 1,000 businesses a year in the UK and Europe, while valuing over £10bn of assets annually. We are immersed in our sectors, with an unrivalled knowledge of the sectors and markets in which we operate.

Our teams act as valued partners and advisors to our clients, throughout their own life cycle of business ownership. We have a rich history of supporting our clients over years and even decades, and they choose to work with us over and over again, often using multiple services in our Group over that period.

We are diversified across a range of essential sectors from which we generate a number of income streams. Many of those sectors have demographically underpinned attraction to investors, creating an inherent resilience of demand for our services throughout economic cycles.

We are committed to broadening and deepening our international network, with an ambition to create a multi-sector brokerage and advisory offering in Europe which more closely mirrors our broad UK offering.

Our businesses have experienced resilient demand for over 90 years. We have consistently demonstrated our ability to recover from periods of reduced M&A activity, rebounding strongly from the global financial crisis, recessions, the 2020 pandemic and various periods of economic and political turbulence.

We are committed to maintaining a separation between the roles of Chairman and Chief Executive, with an appropriate number of independent non-Executive directors on our Board. We pride ourselves in upholding standards of ethics as well as regulatory and legal compliance. We believe in doing the right thing.

Attraction and retention of people is key. We have an outstanding record of long-term service and retention across our Group reflecting a positive, rewarding and ethical culture. We take a medium and long-term view to cultivating talent, recognizing the value that multi-year and multi-decade knowledge and experience brings to our clients.

We re-invest a proportion of each year’s profits to enable the continued growth of revenues and profits. That growth requires a continual investment to retain and expand our teams of sector-expert advisors and brokers, in those markets where we see either the immediate capability, or potential in the short or medium term, to generate sustainable and scalable profits and establish a market-leading position.

We will not expose the Group to onerous financial leverage or liabilities which could create risk in periods of short-term downturns in M&A activity. We maintain strong banking relationships, with flexible, covenant-light facility terms.

We are committed to allocating a proportion of our profits and cash each year to ensure we have the cash resources to trade through cyclical periods of reduced transactional and lending activity and to ensure we can maintain our market-leading teams of experts when those expected downturns occur.

We are committed to rewarding shareholders with a dividend which reflects current year performance and earnings, while seeking to ensure we have the ability to continue to pay a dividend in those anticipated periods of market disruption or cyclical downturn.