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Learning Technologies resumes dividend payments; acquires Aussie learning firm
The acquisition of eCreators is expected to immediately enhance the group's earnings
Company
LON:LTG
Learning Technologies Group PLC is a market-leader in the fast-growing workplace digital learning and talent management market. The company offers large organisations a new approach to learning and talent in a business world driven by digital transformation.
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The acquisition of eCreators is expected to immediately enhance the group's earnings
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“The COVID-19 pandemic has brought social considerations to the fore,” Berenberg analysts said
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The digital learning group expects to report revenues of at least £64mln, 2% higher year-on-year, as a small decline in its underlying business was offset by a contribution from the Open LMS business in the second quarter
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Learning Technologies Group 128p £946m (AIM:LTG) AGM Statement: “"2019 was an excellent year for LTG, reflecting good organic momentum from cross-selling initiatives and investment in product development. It was particularly pleasing to see
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At the company’s virtual AGM on Friday, chairman Andrew Brode will tell shareholders that the company is seeing demand in line with expectations
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Dish of the dayNo Joiners TodayOff the menuNo Leavers TodayBanquet BuffetJohnson Services Group 129.6p £479m (LSE:JSG)Proposed £85m placing at 115p. The Plaing Price represents a discount of approximately 7 per cent. to the 10 day average c
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The company said current macroeconomic conditions had presented opportunities to “accelerate future growth and gain further share” of the corporate learning market
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The group expects current year revenues to be largely unaffected by the global economic upheaval, although new business wins may be delayed and payment periods may be extended
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The digital learning specialist highlighted “good organic momentum” from cross-selling initiatives and product development, as well as a return to growth for its content & services arm
A glance at some of the day's highlights from the Proactive Investors newswire on Tuesday
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Phill Miller, the chief learning and innovation officer at Blackboard, will join LTG as managing director, bringing expertise in the global Moodle market
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A glance at some of the day's highlights from the Proactive Investors newswire
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Excluding PeopleFluent, Learning Technologies delivered organic revenue growth on a constant currency basis in both the Software & Platform and Content & Services divisions.
The analysts are very positive on long-term prospects, as the sector is seen as being exposed to “structural growth and solid internationalisation” trends
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The digital learning specialist reported that adjusted earnings were ahead of expectations at £19.4mln, while revenues surged 85% to £62.6mln
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at the day's major movers, including Jersey Oil & Gas and Learning Technologies, Abcam, Immedia, Idox and Petra Diamonds
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Revenues for the first six months of the year are expected to rise 85% and adjusted earnings by 125%
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the biggest risers and fallers in London on Wednesday