(RTTNews) - Pearson (PSO, PSON.L) reported that its first quarter underlying Group sales were up 1%. The Group noted that all business units are performing in line with expectations. Higher Education underlying sales were up 6%, for the period.
Pearson expects sales growth and adjusted operating profit in line with market expectations for 2025. The Group expects low single-digit sales growth in first half with stronger growth in second half. Pearson said, beyond 2025, it is positioned to deliver a mid-single digit underlying sales growth CAGR, and sustained margin improvement.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.