Gomo's parent company, Learning Technologies Group plc (LTG), has been recognized as one of Europe’s Fastest Growing Companies by the Financial Times (FT). The honor follows LTG’s progress to extend its offerings beyond corporate digital learning to talent management services and technology.
The third annual FT 1000 ranking, compiled with Statista, includes European companies that reached the highest compound annual growth rate in revenue between 2014 and 2017.
“We are honored that the Financial Times has recognized LTG among the top 1,000 companies that are the driving force of the European economy,” said Jonathan Satchell, Chief Executive of LTG. “We’re focused on delivering innovative services to our customers while expanding our reach in the rapidly growing e-learning and talent management market. Inclusion on the Financial Times list is a recognition of our ability to evolve and address all aspects of the employee life cycle, while maintaining our core mission of providing the best products and services to our customers.”
LTG continues to expand its market presence through enhanced product offerings and strategic acquisitions, including the most recent integrations of PeopleFluent and Watershed. PeopleFluent powers talent strategy with comprehensive recruiting, performance, succession, compensation, and learning solutions, while the acquisition of Watershed, brings data analytics capabilities in-house to give clients compelling insights into their learning programs.
To be included on the Financial Times list, companies must be independent with primarily organic revenue growth of at least €100,000 generated in 2014 and at least €1.5 million generated in 2017. Companies listed on a stock exchange could not have its share price fall 50 percent or more since 2017. The minimum average growth rate required for inclusion this year was 37.7 percent.
LTG experienced a compound annual growth rate of 51.7 percent from 2014 to 2017.
In 2018, LTG was also identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain because of its consistent revenue growth and significantly outperforming industry peers. LTG’s 2018 full-year results can be viewed here.
The Financial Times 1000: Europe’s Fastest-Growing Companies list can be found here.
This press release originally appeared on ltgplc.com.
About Learning Technologies Group
Learning Technologies Group is a leader in the high-growth workplace e-learning industry. The Group offers truly end-to-end learning solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to meet their performance objectives.
LTG is listed on the London Stock Exchange Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, the United States, Asia-Pacific, and South America.
For more, visit ltgplc.com.