Learning Technologies Group (LTG)

Sector:

IT Services

Index:

FTSE AIM 50

74.40p
   
  • Change Today:
      2.10p
  • 52 Week High: 106.40
  • 52 Week Low: 59.80
  • Currency: UK Pounds
  • Shares Issued: 790.76m
  • Volume: 66,357
  • Market Cap: £588.32m
  • RiskGrade: 177
  • Beta: 0.03

Learning Technologies Group finalises non-core disposal

By Benjamin Chiou

Date: Wednesday 03 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Learning Technologies Group (LTG), the AIM-listed workplace digital learning solutions firm, has successfully completed the disposal of Lorien Engineering Solutions, finalising its exit from non-core assets.
The disposal to engineering consultancy NIRAS Group, first announced in December, will see LTG receive $21.4m. The deal follows the closure of a UK apprenticeships business in January 2023.

LTG is planning on using the proceeds to help ongoing deleveraging and allocate capital to higher growth areas of the business.

Lorien generated $21.2m in revenue last year, equating to around 3% of group sales based on current market estimates.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LTG Market Data

Currency UK Pounds
Share Price 74.40p
Change Today 2.10p
% Change 2.90 %
52 Week High 106.40
52 Week Low 59.80
Volume 66,357
Shares Issued 790.76m
Market Cap £588.32m
Beta 0.03
RiskGrade 177

LTG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.47% below the market average47.47% below the market average47.47% below the market average47.47% below the market average47.47% below the market average
80.72% above the sector average80.72% above the sector average80.72% above the sector average80.72% above the sector average80.72% above the sector average
Price Trend
32.87% below the market average32.87% below the market average32.87% below the market average32.87% below the market average32.87% below the market average
36.96% below the sector average36.96% below the sector average36.96% below the sector average36.96% below the sector average36.96% below the sector average
Income
39.7% below the market average39.7% below the market average39.7% below the market average39.7% below the market average39.7% below the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Growth
81.11% above the market average81.11% above the market average81.11% above the market average81.11% above the market average81.11% above the market average
79.07% above the sector average79.07% above the sector average79.07% above the sector average79.07% above the sector average79.07% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LTG Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 05-Oct-23
Paid 28-Jun-24 27-Oct-23
Amount 1.21p 0.45p

Trades for 02-May-2024

Time Volume / Share Price
09:19 1,643 @ 74.40p
09:19 332 @ 74.40p
09:17 1,000 @ 74.30p
09:08 3,500 @ 73.75p
09:05 1,358 @ 73.65p

LTG Key Personnel

Chair Andrew Brode
CEO Jonathan Satchell
CFO Kath Kearney Croft

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