Learning Technologies (GB:LTG) has released an update.
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Learning Technologies Group plc reports resilient half-year results amidst challenging economic conditions, achieving a 5% increase in adjusted EBIT and a strong cash conversion of 70%. The company’s strategic focus on cost optimization and operational improvements has led to profit growth and margin progression, despite a slight revenue decline. The divestiture of VectorVMS for $50 million and continued investment in AI product innovation position LTG for potential growth when market conditions improve.
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