StockMarketWire.com - Learning Technologies Group said Tuesday it expected first-half revenue to come in above the prior year period as first-half financial performance was in-line with market expectations.

Group revenues - excluding PeopleFluent – were expected to come in at above £27.3m for the first half of 2018, which would represent an increase of about 27% from the £21.5m seen in the first half of 2017, the company said.

This growth had been driven by a strong performance in the company's platforms division and the integration of, and new business wins by, the NetDimensions business.

Group operating margins remained robust, driving material increases in first-half earnings (EBIT) year-on-year, the company added.

'The first half of 2018 saw the transformational acquisition of US-based software platform PeopleFluent, and we are already seeing the complementary potential of PeopleFluent and our prior acquisition NetDimensions,' said Jonathan Satchell, Chief Executive. At 10:56am: [LON:LTG] Learning Technologies Group share price was -4.25p at 103.75p



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