RM plc - Investor information for the RM Group - Stock code RM.

Time 2020-07-13 17:05:29

Web Name: RM plc - Investor information for the RM Group - Stock code RM.

WebSite: http://www.rmplc.com

ID:24425

Keywords:

Investor,information,RM,

Description:

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

TAGS:Investor information RM 

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