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Parity Group says 'sentiment and increased activity should turn into H2 revenue'

Parity Group's (LON:PTY) Matthew Bayfield and Mike Johns talk to Proactive about the data and technology professional services' half year results.

Bayfield explains how the company has returned to a more active market post the initial Covid related downturn in the first half and even employed new members to the Parity team.

Johns talks through the financials which include a reduction in net revenue from (£6.1m in H2 2019 to £5.3m H1 2020) but adjusted operating profit is now growing, £0.03m in H2 2019 to £0.25 in H1 2020.

Quick facts: Parity Group PLC

Price: 9.05 GBX

Market: LSE
Market Cap: £9.29 m

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Parity Group present at the Proactive One2one virtual investment forum

Parity Group's (LON:PTY) CEO Matthew Bayfield, CFO Mike Johns pitch to investors at the Proactive One2one virtual investment forum. Parity helps organisations find the right people, skills and data to support confident data-led business decisions. Specifically, we advise on data and we...

on 20/11/20

2 min read