By Jaime Llinares Taboada
Shares in Parity Group PLC rose Thursday after it said that 2021 revenue, earnings and debt were ahead of market expectations.
The recruitment and professional services firm expects to report revenue slightly ahead of the 47.6 million pounds ($64.8 million) target.
It also forecast a modest adjusted earnings before interest, taxes, depreciation and amortization profit, instead of the expected small loss.
At the end of the year, net debt was GBP1.2 million, also better than market views.
Shares at 0843 GMT were up 11% at 7.50 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
Read More: Parity Group Shares Rise as 2021 Performance Beat Market Expectations