Learning Technologies (GB:LTG) has released an update.
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Learning Technologies Group PLC (LTG) has reported an expected H1 revenue for 2024 of at least £248 million, despite a challenging macro environment and foreign exchange headwinds. The company is on track to improve its margins, with a projected adjusted EBIT of £43 million for H1 and an anticipated full-year revenue between £480 million and £500 million. Additionally, LTG is actively managing a temporary suspension of new classified contract eligibility for its subsidiary GP Strategies, which is not expected to materially impact overall revenue and profit.
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