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Parity Group Trading In Line With Management Expectations

24th May 2018 17:09

LONDON (Alliance News) - Parity Group PLC said Thursday that trading in the first four months of the financial year was in line with management expectations, and the company continues to make good progress in building its consultancy services division and the organic development of Parity Professionals unit.

"Looking ahead, with improving profitability and strong cost control, we anticipate that further progress in higher margin sales and cash generation will support targeted investment to accelerate growth and enable the board to review the opportunity to pay dividends to shareholders in the medium-term," Non-Executive Chairman John Conoley said in his annual meeting statement.

Shares in the recruitment consultancy closed at 13.75 pence, up 0.7%.


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