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Learning Technologies resetting targets after achieving £50mln growth ambitions

Jonathan Satchell, chief executive of Learning Technologies Group PLC (LON:LTG), discusses with Proactive Investors the firm's expectation-beating interim results.

Underlying profit (EBITDA) from the company, which is at the forefront of the ed-tech revolution, was £4.1mln, up 41% on the year earlier.

Revenues were up a third at £17.6mln, while LTG is paying a half-time dividend 0.09p a share, up 29%.

Quick facts: Learning Technologies Group PLC

Price: 139.96225 GBX

AIM:LTG
Market: AIM
Market Cap: £912.01 m
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Learning Technologies Group in 'strong financial position' and working to...

Learning Technologies Group PLC (LON:LTG) chief executive Jonathan Satchell runs Proactive London's Andrew Scott through the firm's 2019 trading update and the precautions they're taking to limit the impact of COVID-19 on its business and performance. For the year ended 31 December 2019...

on 24/3/20

2 min read