07 JULY 2020

RM plc announces
FY20 interim results

Results announcement
Analyst presentation

CEO David Brooks
discusses
FY20 interim results

Watch now

RM PLC - OUR VISION

We grow through improving life chances of people - worldwide - by delivering great education products and services that help teachers to teach and learners to learn.

FY19 Financial highlights

 
Revenue
Adjusted
Operating Profit
Net Debt
Adjusted
Diluted EPS

STRATEGIC THEMES

1

IP and technology development

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1

IP and technology development

  • An opportunity
    There's strong growth in technology being used in high-stakes assessment globally.
  • Our approach
    Provide customers with an end-to-end digital assessment offering where the complete exam life-cycle can be delivered without paper.
  • Evidence of progress
    The acquisition of SoNET has accelerated us bringing end-to-end digital assessment to the market.
2

International growth

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2

International growth

  • An opportunity
    A growing trend in international education systems is to include programming within their early years and primary school curriculum.
  • Our approach
    A unique range of programmable floor robots that teach control, directional language and coding.
  • Evidence of progress
    Sales of our robotics range helped drive a 12% revenue increase through international distributors in 2019.
3

Innovate with our customers

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3

Innovate with our customers

  • An opportunity
    UK schools are turning into academies and joining multi-academy trusts (MATs). MATs are increasingly buying products and services centrally for all their schools.
  • Our approach
    We provide improved quality of service and savings to MATs when they buy our fully outsourced IT service across their estate
  • Evidence of progress
    In 2019 we signed a contract with the largest MAT to provide a full IT managed service to all their schools. This service includes moving their ICT delivery in their schools to the cloud.
4

Efficiency and simplicity

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4

Efficiency and simplicity

  • An opportunity
    Our resources division has five separate distribution centres that service our customers in the UK and internationally. This footprint of warehouses is costly and inefficient.
  • Our approach
    We are running a programme to consolidate our distribution centres into a single, automated facility leading to significant cost savings and an improved service to our customers.
  • Evidence of progress
    In 2019 we completed some major milestones on this programme including gaining planning permission for the new site and signing the lease with the developer.

Potential to accelerate strategy through M&A where appropriate

 
 

OUR GROUP COMPANIES

Curriculum and education resources for schools and nurseries in the UK and internationally

Technology experts in end-to-end global high stakes e-assessment

Software, services and technology to UK schools and colleges

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