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Learning Technologies 'extremely pleased' with integration of PeopleFluent

Jonathan Satchell, chief executive of Learning Technologies PLC (LON:LTG), discusses with Proactive Investors the group's first half update.

He's expecting revenues, excluding the PeopleFluent business acquired in May, will be at least £27.3mln for the first half of 2018 compared to £21.5mln in the first half of 2017, which is an increase of around 27%.

Satchell says across the board trading's been in line with expectations and they've seen an encouraging increase in recurring revenues.

Quick facts: Learning Technologies Group PLC

Price: 134 GBX

AIM:LTG
Market: AIM
Market Cap: £900.4 m
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PeopleFluent 'a significant addition' to the Learning Technologies group

Jonathan Satchell, chief executive of Learning Technologies PLC (LON:LTG) discusses with Proactive Investors their acquisition of digital human resources group PeopleFluent. A placing at 98p raised £85mln to help fund the deal. PeopleFluent works for 50 of Fortune’s list of top 100 US...

on 26/4/18

2 min read