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Pearson Reports Strong 2024 Results and Announces Strategic Partnership with AWS

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Pearson Reports Strong 2024 Results and Announces Strategic Partnership with AWS

The latest announcement is out from Pearson ( (GB:PSON) ).

Pearson reported strong financial and strategic performance for 2024, with a 10% increase in adjusted operating profit and a positive outlook for 2025. The company announced a new strategic partnership with AWS to expand its AI capabilities and enhance its learning products, alongside a £350m share buyback, reflecting confidence in its financial position and future growth. Pearson’s focus on AI and enterprise growth, alongside strong cash generation, positions it well for continued success and shareholder returns.

More about Pearson

Pearson is a leading company in the education industry, providing a range of learning products and services. The company focuses on areas such as assessment and qualifications, virtual schools, higher education, English language learning, and workforce skills, leveraging innovative technologies like AI to enhance its offerings.

YTD Price Performance: 2.73%

Average Trading Volume: 1,417,864

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.68B

See more data about PSON stock on TipRanks’ Stock Analysis page.

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