Learning Technologies Group PLC (AIM:LTG) will outline its strategic goals and financial objectives for 2025 in a Capital Markets Day event held today, October 13.
The presentation will focus on the digital learning and talent management company's compelling position in a US$107bn addressable market, following the transformational acquisition and successful integration of GP Strategies.
The board's updated ambition is to achieve run-rate revenues of £850mln and run-rate adjusted EBIT of £175mln by the end of 2025, taking into account the current challenging economic environment.
Strategic software-as-a-service (SaaS) acquisitions and 5% organic revenue growth will be the driving factors behind achieving said targets.
Chief executive officer Jonathan Satchell commented: "We are very excited by the opportunity ahead for the group, following the transformative acquisition of GP Strategies, and the scale and array of expertise we have developed to meaningfully solve the increasingly complex challenges… to recruit, train, develop, motivate, and retain the best talent.
“Our continued investment in R&D will drive the future of our business and capitalise on favourable industry dynamics. The scale of the potential, together with the strategy to deliver sustained growth, gives us confidence in the new 2025 strategic targets."