2016 Results Presentation David Rugg Chief Executive Dan Prickett - PowerPoint PPT Presentation

2016 Results Presentation David Rugg Chief Executive Dan Prickett Chief Financial Officer 1

An Introduction to Christie Group David Rugg Chief Executive 2

About Us A leader in the provision of professional business services to the leisure, retail and care sectors • Christie Group offers a portfolio of professional business services for the leisure, retail and care sectors. • Our focus on a limited number of sectors gives us an unrivalled market awareness in each of these areas. • We do not adopt a principal position or co-invest. ‘We believe that our market • We never compete with our clients. We never compete with our clients. position is key to maximising the position is key to maximising the opportunities presented by both • We operate in the sectors in which our experience allows the recovering market on one us to deliver intelligent solutions. hand and one showing signs of distress on the other.’ • The results: a greater understanding of our clients’ operations and a heightened ability to help them improve efficiency, enhance trading profits and increase the value of their businesses. ��������������������������������� �������������������������� �

�������������� �������������������������������������������������������������� Brand Strength & Christie Group aligns its strategy around a number of Endurance key focal points as illustrated. Our strategy is focused on our clients to ensure that we meet their needs. This strategic approach provides a clear and consistent approach, which is tried and tested through the business cycle. Client With a focus on our core sectors, diversification through our global reach, maximising synergies across Focus the group and a flexible approach we can deliver the group and a flexible approach we can deliver best-in-class results for our clients. • The agreed board objective is to rebuild profit to that previously reached £10million plus. Financial As profits increase, we intend to distribute a • Stability rising and covered dividend stream to reward shareholders while at the same time strengthening the balance sheet ��������������������������������� �������������������������� �

�������������� ��������������������������������������������������������������� Professional Business Services (PBS) Stock & Inventory Systems & Services (SISS) Christie & Co is a leading specialist Orridge is Europe’s longest established firm providing business intelligence stocktaking business specialising in all fields of in the hospitality, leisure, care and retail stocktaking including high street, retail sectors. A market leader in its sectors, it warehousing and factory operations, as well as employs the largest teams of sector specialists supply chain services. Orridge prides itself on in the UK providing professional agency, the speed in which it supplies high quality valuation and consultancy services. management information to its clients. Christie Finance has 40 years’ experience in Venners is the leading supplier of stocktaking, financing businesses in the hospitality, leisure, inventory, consultancy services and care, retail and medical sectors. Christie related stock management systems Finance prides itself on its speed of response to to the hospitality sector. Venners is the largest client opportunities and its strong relationships and longest established stock audit company in with finance providers. with finance providers. the sector in the UK. the sector in the UK. With 40 years’ experience arranging business Vennersys operates in the UK and North insurance in the hospitality, leisure, care, retail America and delivers online Cloud-based and medical sectors, Christie Insurance is a ticketing sales and admission Systems to visitor leading company in its markets. It delivers and attractions such as historic houses and estates, exceeds clients’ expectations in terms of the museums, zoos, safari parks, aquaria and cost of their insurance and the breath of its cinemas. It has over 20 years’ experience cover. delivering purpose-designed solutions for clients’ ticketing, admissions, EPoS and food and beverage sales requirements. Pinders is the UK's leading specialist business appraisal, valuation and consultancy company, providing professional services to the licensed, leisure, retail and care sectors, and also the commercial and corporate business sectors. Pinders staff use business analysis and surveying skills to look ay the detail of the businesses to arrive at accurate assessments of their trading potential and value. ��������������������������������� �������������������������� �

Our Services Providing joined-up solutions throughout the client lifecycle Investment advice Regardless of whether a client is looking to improve, develop, invest in, acquire or dispose of a business or asset, our companies combine to provide support throughout the client lifecycle. Leveraging the synergies that arise from synergies that arise from this collaboration within and across companies enhances both revenue generation and profit conversion. ��������������������������������� �������������������������� �

Our Areas of Expertise We focus on a section of areas covering a wide range of property-based businesses in Care, Leisure and Retail Hotels Public Houses Restaurants Leisure Care Retail Medical Pharmacies • Luxury hotels • Freehouses • Casual dining • Cinemas • Elderly care • Supermarkets • Dentists • Mid-market • Tenanted pubs • Fine dining • Health & • Specialist care • Convenience • hotels fitness stores GP Surgeries • Managed • Independents • Private hospitals • • Upscale Hotels houses • Sports clubs • PFS Forecourts Vets • Sandwich bars • Education • • Budget hotels • High street • Bingo halls • CTNs Opticians • Coffee shops • Childcare • bars • Boutique hotels • Ten pin • Off licences • Tea rooms • Nursing and • Late night bowling • Aparthotels residential • Post Offices venues • Takeaways • Snooker clubs • • Guest houses Guest houses • • Supported living Supported living • • Fish & chip Fish & chip • • Nightclubs Nightclubs • Holiday parks shops • B&Bs • Funeral directors • Golf courses • Garden centres • Mid-market • Independent hotels • Gaming sector schools • Newsagents • Hostels • Booksellers • Warehouses Estimated Market Sizes Estimated Market Sizes • Supply Chain UK Europe Premises • 48,000 pubs • Over 132,000 hotels • Specialist shops (source Otus & Co) • 35,000 hotels • 20,000 restaurants • 24,000 care facilities • 14,500 pharmacies • 12,500 dental practices • 8,500 filling stations • 100,000+ retail ��������������������������������� �������������������������� �

Business Review & Outlook David Rugg Chief Executive ��������������������������������� ��������������������������

2016 Headlines Second half trading normalised after Brexit-suppressed first half in PBS division • Revenue growth of 1.2% to £64.5m (2015: £63.7m) • Operating profit before exceptional items of £1.0m (2015: £3.8m) • £1.3m exceptional operating profit arising from indexation cap on final salary pensions • Total operating profit for year of £2.3m (2015: £3.8m) • Earnings per share of 5.35p per share (2015: 9.73p) Earnings per share of 5.35p per share (2015: 9.73p) • Proposed final dividend of 1.5p (2015: 1.5p) maintains full year dividend at 2.5p per share • H2 operating profit before exceptionals of £1.9m, reversing £0.9m H1 operating loss • PBS division recovered from challenging first half to record H2 £1.8m operating profit before exceptionals - a return on H2 PBS revenues of 9.8% • SISS division reduces operating losses from £1.0m in 2015 to £0.2m, with progress in all three businesses ��������������������������������� �������������������������� !