Pearson PLC (PSO) has released an update.
Pearson PLC has reported a solid start to 2024, with an underlying sales growth of 3% excluding certain divestitures, and remains on track to meet its full-year guidance. The company has seen strong operational progress, particularly in the English Language Learning sector which grew by 22%, and has completed an initial £300m share buyback with a subsequent £200m extension underway. CEO Omar Abbosh expresses confidence in the company’s strategic priorities and anticipates accelerated growth in the latter half of the year.
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