Learning Technologies Group PLC (AIM:LTG) (LTG) said the strong trading seen in 2021 continued into the first half of the current year and it is confident of making significant progress.
“While mindful of the current macro environment, strong business momentum has continued into the first half of 2022 and we have a robust balance sheet that will support further strategic acquisitions in due course, underpinning the board's confidence of significant progress,” chairman Andrew Brode will tell today’s AGM.
Brode reiterated that last October's acquisition of workforce transformation specialist GP Strategies continues to progress ahead of plan.
In its results statement for 2021, LTG upgraded its margin expectations for 2022 after a swifter-than-anticipated improvement in the margins of GP Strategies.
“The enlarged group provides a platform to capture a greater proportion of the circa US$100bn and growing addressable market in digital learning and talent management,” noted Brode.
"We are delighted by the progress made in the first half of this year and look forward to providing a trading update on 26 July".