Learning Technologies Group "achieved everything predicted" with GP Strategies acquisition
May 04, 2023 at 10:32 am EDT
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Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) chief executive Jonathan Satchell talks to Thomas Warner from Proactive after releasing full year results for 2022 - a year dominated by the integration of talent transformation provider GP Strategies.
Satchell says that in 2022 LTG "achieved everything predicted" when the acquisition was announced back in October 2021, noting that GP Strategies achieved a 6% organic constant currency revenue growth despite the challenge of the integration process.
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Learning Technologies Group plc and its subsidiaries provide a range of learning and talent software and services to corporate customers. The principal activity of the Company is the provision of talent and learning solutions in the form of content, services and digital platforms to the corporate, higher education and government markets. The Companyâs segments include Software & Platforms division, the Content & Services division, the GP Strategies segment and the Other segment, which includes rental income. The Software & Platforms division comprises Software as a Service (SaaS) and on-premises solutions as well as hosting, support and maintenance services. The Content & Services segment includes content, consulting, platform development, and consulting. The division also includes PDT Global, a provider of diversity, equity and inclusion training solutions. The GP Strategies segment is a global workforce transformation provider of organizational and technical performance solutions.