Learning Technologies Group PLC's (LON:LTG) Jonathan Satchell tells Proactive London's Andrew Scott the business put in a robust performance in the first half of 2020. He says retention rates have held up well despite the disruption caused by the coronavirus pandemic. LTG's expecting to report revenues of at least £64mln, 2% higher year-on-year, with a small decline in its underlying business offset by a contribution from the recently acquired Open LMS business in the second quarter. The company's also repaid all furlough payments received from the UK government and will not make any claims under the job retention bonus scheme for bringing backed furloughed workers.
Learning Technologies busy looking at suitable acquisitions after robust first half
Quick facts: Learning Technologies Group PLC
Price: 163.5 GBX
Market Cap: £1.21 billion
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