Pearson announced their year-end trading report featuring sales highlights for 2021 (the full year-end report will be available on February 25), with results “ahead of expectations.” Group sales rose 8 percent overall, led by everything that isn’t actual education publishing: Assessment & Qualifications (18 percent), English Language Learning (17 percent), Virtual Learning (11 percent) and Workforce Skills (6 percent), due to Covid recovery and growth in virtual learning enrollment in the 2020-21 school year. The Higher Education segment remained weak, down (5) percent, attributed to a decline in US courseware. That line fell 12 percent in both 2020 and 2019. […]
