StockMarketWire.com - Learning Technologies Group's revenues rose by 33% to GBP9.9 million in the year to the end of December while adjusted EBITDA more than doubled to GBP4.3 million (2014: GBP2.1 million).

Adjusted diluted earnings per share rose by 102% to 0.756p and the proposed dividend for the full year of 0.15p per share is up 50%.

Chairman Andrew Brode said: "The last 18 months have been transformational for the Group. Our strategy of creating a group of market-leading businesses providing global, complementary services in the fast growing learning technologies sector is rapidly taking shape."

Chief executive Jonathan Satchell added: "We have established a strong platform on which we can build and the Group is delivering to plan. I believe that LTG is very well placed to achieve a prominent position in a highly fragmented, growing market, currently estimated to be worth £140 billion. We see the ability to measure the impact of learning as the next major disruption to the e-learning industry. LTG's acquisition of Rustici and investment in Watershed in January 2016 places us at the vanguard of this crucial and exciting change. We view the future with confidence."












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