Brief: Parity Group FY Revenue Fell 6.6 Percent To 80.4 Million Stg

Partway

16/04/2020 07:53

April 16 (Reuters) - Parity Group PLC  PTY.L :
    * FY PRETAX LOSS -1.057 MILLION STG VERSUS 358,000 STG PROFIT YEAR AGO
    * FY REVENUE FELL 6.6 PERCENT TO 80.4 MILLION STG
    * FY GROUP REVENUES £80.4M (2018: £86.1M)
    * FY ADJUSTED PROFIT BEFORE TAX(1) £115K (2018: £853K)
    * FY LOSS BEFORE TAX £1,057K (2018: PROFIT BEFORE TAX £358K)
    * UNABLE TO FORECAST WITH ANY CERTAINTY 2020 REVENUE AND PROFIT BEFORE TAX
PERFORMANCE AT THIS TIME
    * MANAGEMENT HAVE AGREED A 20% REDUCTION IN SALARIES WITH ALL DIRECTORS AND
STAFF
FOR THREE MONTHS STARTING 1 APRIL 2020

Source text for Eikon:  ID:nRSP8018Ja 
Further company coverage:  PTY.L 

 ((Reuters.Briefs@thomsonreuters.com;))