Pearson Q1 Underlying Group Sales Up 1%
(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.
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