Jonathan Satchell, CEO of Learning Technologies Group (LTG), gives an update on the recent H1 results, which saw revenues surge by 68% including 33% organic growth. This organic growth included the one-off impact of the major CSL contract and a small FX tailwind, implying underlying organic revenue growth of 18-19%. Jonathan discusses how the CSL contract is progressing and how the NetDimensions acquisition is bedding in. He gives some colour on recent contract wins and outlines the group’s new “co-ordinated selling” strategy. Finally, he gives an update on the group’s acquisition strategy.
LTG is an integrated learning technology and services business focused on the corporate training market. Traditionally, it was a services business, building e-learning content solutions for enterprises, both in the private and public sectors. In recent years, LTG has acquired a specialist in the financial services sector, Eukleia, and a gamification specialist, Preloaded, to its services portfolio. Additionally, LTG has developed and acquired its own suite of specialist learning technology software solutions, including gomo (an authoring tool), Rustici (which enables interoperability across different technology standards) and NetDimensions (an enterprise LMS).