Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Learning Technologies sets new ambitious targets after rapidly passing previous milestones

When LTG floated in late 2013 it targeted run-rate revenues of £50mln and EBITDA margins of 20% by the end of 2018. Having already hit those targets, it is time for some new ones
LTG is now an international group that offers a truly comprehensive technology and services solution

Learning Technologies Group PLC (LON:LTG) is to announce some ambitious growth targets at its Capital Markets Event on Tuesday.

The e-learning group will outline a plan to double run-rate revenues to £100mln and for run-rate underlying earnings (EBIT) to exceed £25mln.

WATCH: Learning Technologies resetting targets after achieving £50mln growth ambitions

The board will seek to meet these objectives through a combination of strong organic growth as well as strategic acquisitions that complement the current business. 

Where possible, the board will attempt to avoid stake dilution for shareholders by financing any acquisitions and research & development through internally generated operating cash flows and prudent debt financing.

Geographically, the company intends to expand and deepen its presence outside the UK, with the main focus being on the North American and European markets.

READ: Learning Technologies Group interims beat expectations; impact of NetDimensions deal to be felt more fully in the second-half

Learning Technologies (LTG) also intends to diversify into other domain-specialist sectors, particularly in highly regulated markets.

"The new strategic objectives announced today demonstrate our undiminished ambition and intent to become the global leader and disrupter in technology-driven workplace learning,” said Jonathan Satchell, LTG’s chief executive officer.

View full LTG profile View Profile

Learning Technologies Group plc Timeline

Related Articles

Video game media with player
August 21 2018
Analysts at German bank Berenberg have upped their target price for the firm to 2,150p from 2,060p, saying the company's market is expected to "outgrow the video game segment"
June 14 2018
“[PeopleFluent] brings interesting technologies back to us … particularly in terms of interactive video and social collaboration tools”
Jobs market
March 13 2018
A flexible jobs market, an increase in short-term contracts - all play to the strengths of the specialist in background checks

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use