Pearson PLC Reports Strong 2024 Financial Performance

Pearson PLC ( (PSO) ) has released its Q4 earnings. Here is a breakdown of the information Pearson PLC presented to its investors.

Pearson PLC is a global education company that provides digital content, assessments, qualifications, and data services, focusing on lifelong learning. In its latest earnings report, Pearson PLC announced a strong financial performance for 2024, with a 10% increase in adjusted operating profit and a 3% growth in underlying sales. The company also highlighted its strategic progress, particularly in AI and Enterprise initiatives, including a new partnership with AWS. Key financial metrics showed a robust cash flow, with free cash flow increasing to £490 million and a planned £350 million share buyback. The company reported a 6% increase in full-year dividends and maintained a positive outlook for 2025, expecting mid-single-digit sales growth and sustained margin improvement. Looking ahead, Pearson aims to continue leveraging innovative technologies and expanding its presence in the Enterprise skills market, positioning itself for further growth and shareholder returns.