Source - Alliance News

Learning Technologies Group PLC on Monday noted ‘moderate’ business momentum in the first half of 2023, supported by a ‘healthy’ sales pipeline, despite a challenging macro environment.

The London-based digital learnings and talent management company added that its strong balance sheet will allow it to make ‘select accretive’ acquisitions in due course.

‘With a step-change in the scale of our business following the successful integration of GP Strategies, our broader offering provides a platform to capture a greater proportion of the circa $100 billion, and growing, addressable market in digital learning and talent management,’ Chair Andrew Brode said.

Learning Technologies will issue a trading update on July 27.

Learning Technologies shares were 1.2% lower at 99.45 pence each on Monday morning in London.

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Learning Technologies Group PLC (LTG)

+0.30p (+0.35%)
delayed 17:24PM