Parity Group publish trading update
Parity has announced the following pre-closing trading update.
The board is pleased to report that trading to date has been in line with its expectations, as a result of which its expectations for EBITDA for the year ending 31st December 2015 are unchanged.
The strategy for the Group is now to focus on its core UK recruitment and IT Services Business. In line with this strategy, the Group has already implemented a £1m ongoing cost-saving programme.
The Group believes that the re-organisation provides clear focus on their established and profitable services.