Christie’s falling profits push down shares

AIM-listed business services firm Christie Group (LON:CTG) saw its shares drop by 5.31% to 98p (as of 12:05 BST) after profits before tax declined by 50% for the six months ended 30th June. Revenues for the first half dropped marginally but management said that they expect improvement during the second half.

Chairman and CEO David Rugg commented: “Increased investment opportunities in our mid-market ‘alternatives’ business sectors is fuelling demand for our portfolio of services“.