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26 May 2021 | 09:54am StockMarketWire.com - Digital learning company Learning Technologies said current trading for the year had started well and in lien with expectations amid a boost from recent acquisitions. During the year, the company broadened its offering and addressable market significantly through the acquisitions of Open LMS, eThink and eCreators which together give the group global market leadership in the open-source Moodle market. The acquisition of Patheer in 2020, and of Reflektive and Bridge in the first quarter of 2021, meanwhile had further strengthened our expansion into the talent development mid-market. Looking ahead, the company said it was confident of a strong recovery in its content & services division in 2021 and was encouraged by the performance of the software & platforms division which has been enhanced by the contribution of our recent acquisitions where integration is well advanced and delivering ahead of expectations. ....
19 April 2021 | 08:22am StockMarketWire.com - Professional services group Christie swung to annual loss as the pandemic impact including national lockdowns disrupted activity and weighed on demand. For the 12 months ended 31 December 2020, The pre-tax loss was £6.3 million from a profit of £4.4 million last year as revenue fell to £42.2 million from £78.0 million. The company said it had opted not to propose a dividend for 2020, but would reconsider dividend payments once supported by more normalised trading. Looking ahead to 2021, the company touted improved performance following a restructuring. Following business reorganisations in 2020 we have created the ability to generate higher levels of profitability from the levels of revenue previously achieved, the company said. ....
12 April 2021 | 07:13am StockMarketWire.com - Student accommodation provider Unite said the value of its two property funds had increased over the March quarter. The Unite UK Student Accommodation Fund was independently valued at 31 March at £2.76 billion, reflecting a 0.5% increase on a like-for-like basis during the quarter. The London Student Accommodation Joint Venture portfolio was independently valued at £1.34 billion, reflecting a 1.3% increase on a like-for-like basis. Unite had seen a strong sales performance for 2021/22 reservations since its preliminary results on 16 March, reflecting increased confidence from UK and international students as lockdowns ease. It added that 73% of rooms were now reserved for the 2021/22 academic year across its entire portfolio, with the deficit in sales to prior year continuing to narrow over recent weeks. ....