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21-Apr-2021 09:58 AM

Parity reports loss as sales fall 28%

Professional services group Parity posted a full-year loss after sales slumped, thought it said a transformation programme was complete and helped it to post positive operating earnings. Pre-tax losses for the year through December amounted to £0.3
22-Sep-2020 07:59 AM

Parity posts first-half loss as revenue slips 33%

Data and technology focused professional services group Parity posted a first-half loss after revenue fell by around a third. Pre-tax losses for the six months through June amounted to £0.38m, compared to losses of £0.54m on-year. Revenue slu
14-Jan-2020 09:11 AM

Parity trading in line, touts stronger cash position

Professional services group Parity said its expectations for full-year earnings remained unchanged. In a trading update for the year through December, the company also said its cash collections were exceptionally strong during the month December. '
16-Apr-2019 07:37 AM

Parity profit slumps after loss of key contract

Professional services company Parity Group reported a fall in annual profit after it didn't renew a large contract. Pre-tax profit for the year through December fell to £358k, down from £1.66m on-year. Revenue rose 2.7% to £86.1m,
02-Nov-2018 08:39 AM

Parity warns on profits as large contract delayed and downsized

Recruitment consultancy Parity warned its full year profit would fall short of expectations, partly due to a delayed contract that was now expected to be downsized. The company had warned in September that trading in the second half was constrained by a
18-Jul-2018 09:08 AM

Parity expects to deliver double-digit growth in annual profit

Technology-focused recruitment group Parity said it expected to deliver double-digit growth in its pre-tax profits in the year through June. 'We are pleased to report that the group has traded well and in line with our expectations,' the compan
10-Apr-2018 09:51 AM

Parity Group profit up 73% despite revenue slide

Recruitment business Parity Group posted a rise in annual profit after improved operating margins offset a slide in revenue. Pre-tax profit rose 73% to £1.66m, as revenue fell 8.7% to £83.8m. The company said it was re-balancing the group t
22-Mar-2018 08:17 AM

Parity wins contract from Primark

Parity has won a recruitment managed service contract with Primark, under which Parity Professionals will provide all of its contract and interim IT staff. Alongside this new client award, Parity has also secured key contract extensions for Parity Consul
13-Dec-2017 09:22 AM

Parity upgrades earnings guidance

Parity forecast its annual operating profit from continuing operations to be slightly ahead of its original expectations. Underlying operating profit was expected to show double-digit growth, it said, driven by progress building its higher-margin consu
17-Jul-2017 07:47 AM

Parity anticipates double digit growth in operating profit

Parity said it maintained positive momentum from its strong start to 2017. The Board expects group operating profit for the half year to show double digit growth compared to the first half of 2016, and be consistent with the market's full year expec
25-May-2017 01:21 PM

All resolutions passed at AGM of Parity

Parity Group has confirmed that all resolutions were passed at today's Annual General Meeting. At 1:21pm: (LON:PTY) Parity Group PLC share price was -0.63p at 11.5p Story provided by
25-May-2017 09:58 AM

Parity Group makes satisfactory start to year

Parity Group said it has made a satisfactory start to the year, with clear evidence that it is are maintaining strategic momentum. Non-executive chairman John Conoley said trading conditions in Parity's core businesses remained largely unchanged in
06-Oct-2016 07:41 AM

Parity Group notes director changes

Parity Group has unveiled changes to its board to align further the group to its new growth strategy. It said Neal Ransome was stepping down from the board as from today's date. David Firth, who joined the board on Sept. 14, would take over as chair
14-Sep-2016 01:24 PM

Parity Group strengthens its board

Parity Group has confirmed that David Firth will be joining the board as a non-executive director with immediate effect. He will also become a member of the audit, remuneration and nomination board committees. At 1:24pm: (LON:PTY) Parity Group PLC shar
31-May-2016 09:45 AM

Parity Group appoints non-exec director

Parity Group said David Firth will shortly be joining the board as a non-executive director. A further announcement will be made once the timing of his appointment has been formerly agreed which is expected to be around the time of release of the Group&ap
31-May-2016 07:27 AM

Parity steady

Parity Group said its trading is in line with its directors' views for the full year. "The strong momentum seen at the start of the current year, and detailed at the time of our full year results in March 2016, has continued across our core bus
29-Apr-2016 12:23 PM

Parity agrees MoD contract extension

Parity Group has agreed an order extension to the existing contract of Parity Solutions with the MoD in relation to its Military Capability Output Costing System (MCOCS) of GBP1.8m, bringing the total MCOCS contract value to GBP3.9m. The project, support
18-Apr-2016 08:37 AM

Parity changes registered office

Parity Group's registered office address has change to Dawson House, 5 Jewry Street, London EC3N 2EX. At 8:37am: (LON:PTY) Parity Group PLC share price was 0p at 10.63p Story provided by
17-Mar-2016 07:42 AM

Parity substantially widens FY pretax loss

Parity Group has substantially widened its FY pretax loss to GBP3.9m, from a loss of GBP0.41m. Revenue fell to GBP84.8m, from GBP92.3m. The results included non-recurring costs of GBP2.06m, versus GBP0.81m, and GBP1.99m goodwill impairment, from nil, rel
15-Sep-2015 07:52 AM

Parity Group swings to H1 pretax loss

Parity Group has swung to an H1 pretax loss of £0.89m, from a prior-same-period profit of £0.12m. Revenue was £41.2m, from £48.3m. FINANCIAL HEADLINES · EBITDA was £0.38 million (2014: £0.69 million) · Non-recurring items following changes
13-Aug-2015 07:37 AM

Parity Group appoints CEO, FD, other director changes

Parity Group has appointed CEO Alan Rommel to its board with immediate effect. It said Michael Aspinall will also be appointed to the board as group FD, effective from Sept. 1. Other director updates included: - Philip Swinstead, Group Executive Chairm
27-May-2015 11:37 AM

Parity Group passes AGM resolutions

Parity Group has announced that all the resolutions proposed at the Annual General Meeting held earlier today were passed on a show of hands. At 11:37am: (LON:PTY) Parity Group PLC share price was +0.01p at 8.88p Story provided by StockMarketWire.c
27-May-2015 10:09 AM

Parity FD steps down

Parity has announced that Group Finance Director, Alastair Woolley, is to leave the Group to pursue other interests and today steps down from his position and from the Board. The Group have appointed Paul Bergin to act as Interim Chief Financial Officer
08-Apr-2015 07:41 AM

Parity Group narrows FY pretax loss

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 returns to profitability after six years

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
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