News story

LINE reports significant revenue results

LondonLearning NewsLINE Communications

LINE Communications, one of Europe’s leading providers of learning and communications solutions has announced outstanding results at the end of its third quarter of trading in 2013.

Strong performance in both the corporate and public sectors have resulted in the company already exceeding its 2013 revenue targets with a full quarter of trading still left to complete. Sales are more than double the value attained over the same period in 2012. This strong sales performance is already showing a healthy contribution to the 2014 order book with almost a quarter of the 2014 revenue target already won. LINE has also secured a number of key new clients in a range of core vertical markets including Pharmaceuticals, Energy, Professional Services, Manufacturing and Healthcare. A significant proportion of these new clients came through LINE AG, based in Zurich.

LINE undertook a major investment programme last year in developing learning and communications materials and technology for mobile devices, developing new internal skills and external partnerships, defining a new, more consultancy-based way of working to take on more strategic projects, launching the unique LINEstream® mobile enterprise platform and creating responsive design frameworks.

This investment is being well received in the marketplace and LINE is well positioned to enhance its leading market position in this area. Although the market remains challenging, the company is confident that 2013 will mark a year of exceptional progress.

Commenting on the performance to date, Piers Lea, CEO at LINE says "It is great to see our investments beginning to yield significant results for us and for our clients. We are convinced that the mobile channel creates a great opportunity to expand the use of technology in learning. We are also very pleased to see how our strategy to work alongside our clients in a partnership model, aimed at helping to get results, is really taking hold in the market."