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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.
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