26 January 2023 - trading update

The AIM-listed digital learning group has issued a positive trading update for the year to 31 December which has revealed that both revenues and profits will be above expectations.  Revenues for the year are expected to be at least £595m compared with forecasts of £588m and a figure of £258m in 2021.  Although most of this growth is due to acquisitions, the group has still generated underlying organic growth.  Adjusted EBIT is expected to be at least £100m compared with forecasts of £97.5m and net debt has fallen to under £120m, again a . . .

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