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Learning Technologies in "a strong and resilient position"

At the company’s virtual AGM on Friday, chairman Andrew Brode will tell shareholders that the company is seeing demand in line with expectations

Learning Technologies Group PLC -

Learning Technologies Group PLC (LON:LTG), the provider of services and technologies for digital learning and talent management, has said it continues to see demand in line with expectations.

At the company’s virtual annual general meeting held on Friday, chairman Andrew Brode will tell shareholders that the company is in “a strong and resilient position”, ready to further consolidate the digital learning and talent sector.

In a review of 2019, Brode described it as an excellent year for the company, and that it was “particularly pleasing to see our Content & Services business return to organic constant currency growth, as expected”.

Excluding gross placing proceeds of £81.8 million received in June, Learning Technologies' net debt as at May 31, 2020, was £4.5mln.

Quick facts: Learning Technologies Group PLC

Price: 164.6 GBX

AIM:LTG
Market: AIM
Market Cap: £1.22 billion
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