08-Apr-2015 07:41 AM
Parity Group announces its audited preliminary results for the year ended 31 December 2014.
· Revenues £92.26m (2013: £91.95m)
· Adjusted EBITDA of £1.60m (2013: £1.45m)
· Cash and cash equivalents £2.97m (2013: £7.38m)
10-Sep-2014 09:29 AM
Parity Group, the UK information and marketing technology group, has reported that for the six months ended 30 June 2014 its revenues were up 3.8% to £48.3m (2013: £46.5m).
Profit before tax was £0.12m (2013: £0.52m loss).
Philip Swinstead, the chai
29-May-2014 12:20 PM
Shareholders at Parity Group's AGM today were told by executive chairman, Philip Swinstead, that the Board looks forward to increasing shareholder value from a strong base in future years.
He said: "Trading since January is encouraging and is
22-May-2014 08:14 AM
Parity Group has acquired for total cash consideration of less than £0.5m the business and assets of Golden Square Post Production Limited from its administrator.
Golden Square is a London-based post-production and international content distribution bu
13-Mar-2014 07:51 AM
Parity Group narrowed its FY pretax loss to £0.95m, from a loss of £1.1m. Revenue was £91.9m, from £85.9m. It would not pay a dividend for the period.
Chairman Philip Swinstead said the just-finished year was an important one for the group as it comp
05-Dec-2013 07:59 AM
Parity Group said its has continued to improve. Adjusted EBITDA for the year ending Dec. 31 was now expected to exceed £2.5 million, an increase of over 80% on the previous year.
"As previously disclosed, the Board had set in motion an internal dec
05-Dec-2013 07:30 AM
Parity Group said profitability has continued to improve. Adjusted EBITDA for the year to end-December is now expected to exceed £2.5m, up over 80% on prior year.
As previously disclosed, the Board had set in motion an internal decentralisation to divid
26-Sep-2013 08:43 AM
Parity's H1 pretax loss was £0.5m, from a loss of £0.2m. Revenue was £46.5m, from £42.9m. "The group is now stable and growing. We continue to invest across the Group to improve performance, reduce costs and progress our strategic plans,&quo
26-Sep-2013 07:11 AM
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17-May-2013 12:11 PM
Parity Group has reported that its expectations for the current year remain unchanged and trading is in line with management expectations.
Last year the Group returned to revenue growth and maintained its recent steady improvement in profitability.
07-Mar-2013 08:07 AM
Parity Group booked a full-year pretax loss of £1.06 million, half the £2.15 million loss of a year earlier, and said it was encouraged by the steady improvement in profitability.
Revenue was £85.9 million, from £80.1 million. The company booked a pr
01-Feb-2013 08:24 AM
Parity Group has appointed Suzanne Chase as executive director and general counsel with immediate effect.
At 8:24am: (LON:PTY) Parity Group share price was +0.01p at 24.13p
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08-Jan-2013 08:23 AM
Parity Group said it looks forward to 2013 with confidence from recent trading, and expects to see good profitability, improved performance and progress on planned digital media initiatives.
"The Board can now look forward to good profitability in
01-Nov-2012 09:12 AM
Parity Group, the UK IT services group, remains on target to meet market expectations for the year, albeit in a continuing difficult economic climate for IT services.
Over the last two years the management team has achieved the necessary cost savings a
29-May-2012 09:03 AM
Parity Digital Solutions Limited, a wholly owned subsidiary of Parity, has acquired the entire issued and to be issued share capital of Inition for an initial consideration of £2.25 million.
The parties have agreed to £1.5 million in cash on completio
17-May-2012 09:15 AM
Parity Group remains on target to meet market expectations this year, albeit in a continuing difficult economic climate. The group's performance continues to reflect the stabilization achieved last year.
Parity Resources continued to grow in the fir
16-Aug-2011 08:11 AM
Parity Group the IT services company has announded its Half Yearly Financial Report for the six months ended 30 June 2011 showing Group revenues of £40.80 million (2010: £52.59 million); up 1% on the second half of 2010, reflecting a return to greater s
07-Jun-2011 04:30 PM
Parity Group has awarded finance director Alastair Woolley 300,000 options under the company's 2009 share option plan.
The options - which have an exercise price of 28p apiece - are exercisable between 7 June 2014 and 6 June 2021 and are conditiona
07-Jun-2011 01:29 PM
Parity Group's directors' remuneration report was passed at the annual general meeting - but the votes in favour were far lower than any other resolution put to shareholders.
There were just under 15.5 million votes in favour of the report co
07-Jun-2011 10:48 AM
Philip Swinstead, Chairman of Parity Group, told shareholders at the AGM that trading had stabilised following a difficult 2010 and is currently in line with market expectations.
He said: "Following a major restructuring and cost saving programme l
26-May-2011 08:05 AM
Parity Group plc ("Parity" or the "Company") (LSE: PTY:L), announced details earlier this month of a proposed share issue to raise approximately £6.4m. (net of expenses) by way of a Firm Placing of 20,873,087 New Ordinary Shares (the &
11-May-2011 12:13 PM
IT services provider Parity Group plc proposed a firm placing, placing and open offer to raise about £6.4m net.
The issue price of 23p represented a 16.4% discount to yesterday's closing price.
Proceeds will be used to provide additional working ca
03-Mar-2011 12:37 PM
Technology staffing and IT solutions provider Parity Group plc swung to a pre-tax loss before exceptionals of £3.1m for the year to December from a previous £0.3m profit.
Revenues were down 21.8% to £93.0m from £119.0m. Parity said the fall was caused pr
04-Jan-2011 08:32 AM
IT staffing and services provider Parity Group plc said its finance director, Ian Ketchin, will be stepping down by agreement on March 31.
Alastair Woolley, who has worked with Parity's new management in the past, has joined the company on an interi
29-Sep-2010 03:44 PM
Parity Group plc has appointed Ed Watkinson as chief restructuring officer.
He will assist the new management team while it completes the reorganisation of the group's businesses.
The appointment is for a six month period and Watkinson will focus