Another year of financial outperformance. Positive outlook with a stable platform for continued growth.
Key documents
Financial performance highlights
“These results are testament to the strong momentum that we’ve been building operationally and strategically over the past 24 months. For a second consecutive year, our financial performance was ahead of expectations with excellent progress across the Group. This has been driven by our strategic initiatives which are taking Pearson on a new, exciting journey.
Our portfolio continues to strengthen, with our new unified Workforce Skills platform, Pearson for Work, now established to leverage the structural growth in our markets and increased need for upskilling and reskilling. This will be a key growth driver for Pearson over the coming years. Ongoing innovation alongside our increasing interconnectivity combined with accelerating demand for our digital solutions, a growing direct to consumer proposition and our ability to serve more people across their lifelong learning journeys, underpins our confidence for the future."
ANDY BIRD, CHIEF EXECUTIVE
There are three reasons why Pearson will win
Scope and scale of business, and our expertise
Great foundation –well managed businesses, strong financial position
Focus on delivering digital learning products and services through consumer strategy
2024 Outlook
1)2024 consensus on the Pearson website; underlying sales growth 3.7%, adjusted operating profit of £621m at £:$ 1.22, tax rate 24%.