Learning Technologies Group PLC - London-based learning and talent solutions - Expects revenue for 2022 to be no less than GBP595 million, which it said is ahead of market consensus and is up from GBP258.2 million last year. Expects to report adjusted earnings before interest and tax to be at least GBP100 million, ahead of consensus market expectations of GBP97.5 million. In 2021, adjusted Ebit was GBP54.8 million. Says this growth is due to achieving targeted margin improvements.

Chief Executive Jonathan Satchell says: "We are making good progress with our strategy to capture the structural growth opportunities in the digital learning and talent management market and remain laser-focused on delivering profitable growth across our businesses. This momentum, supported by the majority of our revenues being long-term and contracted, supports our confidence of achieving our goal of delivering run-rate revenues of GBP850 million and run-rate adjusted Ebit of GBP175 million by the end of 2025."

Current stock price: 140.06 pence each, up 15% on Thursday morning in London

12-month change: down 13%

By Xindi Wei, Alliance News reporter

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