RM still mired in debt despite flagship contract win

It’s been two years since we last covered a statutory release from RM (RM.), but it’s a case of plus ça change, plus c'est la même chose. In a bid to boost financial performance, the company, a provider of educational resources, has launched strategic initiatives aimed at securing longer-term contracts in its core assessment business. The remedial measures have included the closure of the RM Consortium business and the consequent termination of its enterprise resource planning programme.