{"id":2434,"date":"2020-09-22T09:29:30","date_gmt":"2020-09-22T08:29:30","guid":{"rendered":"https:\/\/ltgplc.wpengine.com\/?p=2434"},"modified":"2020-09-22T09:33:01","modified_gmt":"2020-09-22T08:33:01","slug":"half-year-results-2020","status":"publish","type":"post","link":"https:\/\/ltgplc.com\/news\/half-year-results-2020\/","title":{"rendered":"Half-Year Results 2020"},"content":{"rendered":"
Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces half-year results for the six months ended 30 June 2020.<\/strong><\/p>\n Jonathan Satchell, CEO of LTG, said: High levels of recurring revenue, momentum for new sales and an improving order book support the Board’s confidence of delivering FY20 results in line with market expectations. We have an exciting and active\u00a0acquisition pipeline and also a robust balance sheet to capitalise on the structural trends in digital learning and talent management. These factors enable us\u00a0to reconfirm our run-rate target of\u00a0c.\u00a3230 million revenues and c.\u00a366 million EBIT by end 2022.”<\/em><\/p>\n Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces half-year results for the six months ended 30 June 2020.<\/p>\n","protected":false},"author":21,"featured_media":1930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/posts\/2434"}],"collection":[{"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/comments?post=2434"}],"version-history":[{"count":0,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/posts\/2434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/media\/1930"}],"wp:attachment":[{"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/media?parent=2434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/categories?post=2434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ltgplc.com\/wp-json\/wp\/v2\/tags?post=2434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Key highlights<\/h2>\n
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\n2022 run-rate target reconfirmed; c.\u00a3230m revenues and c.\u00a366m Adjusted EBIT.<\/li>\n<\/ul>\nFinancial highlights<\/h2>\n
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Shareholder returns<\/h2>\n
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Current trading and outlook<\/h2>\n
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\n“Our people remain our highest priority, and LTG’s performance is a testament to their commitment and dedication. Delivering strong results during a global crisis is an exceptional achievement. LTG’s combination of excellent cash generation, high margins and a robust balance sheet support the Board’s decision to pay the postponed FY19 dividend and propose an interim dividend.<\/em><\/p>\nFor more information, check out the full RNS<\/a>.<\/h3>\n","protected":false},"excerpt":{"rendered":"