Learning Technologies Group plc (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organisations a new approach to learning and talent in a business world driven by digital transformation.
Learning Technologies Group plc, the leading provider of services and technologies for digital learning and talent management, is pleased to announce a trading update for the year ending 31 December 2020.
Learning Technologies Group PLC’s (LON:LTG) Jonathan Satchell tells Proactive’s Andrew Scott its full-year revenue and earnings are expected to be ahead of consensus despite disruption in the wider market during the coronavirus (COVID-19) pandemic.
This white paper pinpoints the seismic forces that are compelling large organisations to reinvent Learning and Talent with an empathetic eye on their people, and lists strategic actions required to align executive, HR, and L&D leaders on the shared goal of reskilling the workforce to close the gap between current and future capability.
“2019 was an exceptional year for LTG. We saw excellent momentum in our Software & Platform businesses, and a return to organic growth in Content & Services, as expected. I am particularly pleased to see our investment in product development and cross-selling initiatives supporting organic growth, while we continue to improve margins and cash performance.”
“The addition of Open LMS demonstrates LTG’s unique position as a consolidator in the market for learning and talent management software and services. It follows our most recent acquisition, BreezyHR, acquired in April 2019, which has enjoyed excellent growth with revenues increasing by c.60 percent in FY19. We expect the acquisition of Open LMS to be attractively earnings enhancing.”