Feeds

School sales make up 60% of Viglen business

Must start calling it Learning Technology

  • alert
  • submit to reddit

Learning Technology, the system builder formerly known as Viglen, has reported 59 per cent of its sales now come from the education market.

To reflect the importance of education business to the company, it is now shifting its financial reporting period to tie in with the academic year. So, for the fifteen months to September 2001, revenues from its education business were £61.6 million, and this included two summer holidays which is a slack time for school sales.

Learning Technology's total sales for the 15 month period were £105.2 million, operating profit was £2.4 million, and profit before tax was £2.6 million. It reported losses of £558,000 for the period, half of which were down to investments in online businesses IntY and AtSchool.

For the 12 months from June 1999 to June 2000 the company reported sales of £87.0 million, with operating profits of £3.0 million and pre tax profits of £3.7 million.

In the corporate and public sectors the company is pushing SANs, and hopes it'll pick up business through being one of six suppliers listed in the government's procurement catalogue. ®

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.