Parity Group makes strong start to year for new contracts

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Parity Group PLC (LON:PTY) highlighted a strong start to the year as it reported a number of new contract wins.

The data-focussed professional services company, in a statement, told investors it has been appointed as a partner to a prominent retailer to support an ambitious transformation and growth plans across UK and Europe.

It also noted partnerships with IFS and Cedar Bay, a partner is IFS’s ‘ecosystem’, to supply skilled data and digital resources.

READ: Parity wins £5mln contract with Scotland

Additionally, there was an extension of an engagement within the public sector to supply data talent for NHS Digital projects.

Overall, the customer wins amount to £400,000 in new net revenue during the financial year.

“I am delighted to announce that these organisations have appointed Parity as a digital skills resourcing partner,” said Matthew Bayfield, chief executive.

“These contract wins and extensions are testament to our deep expertise and experience in this area and our ability to flexibly address the challenges facing major institutions as they undergo digital transformations.

“This provides us with further confidence in our strategic focus and vision for the company and the positive changes we have made over the last two years.”

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