Pearson released preliminary results for 2022, reporting sales of £3.84 billion, up 12 percent from the previous year (helped considerably by the strong dollar and weak British pound, so up 5 percent on an underlying basis). Operating profit was £271 million, compared to £183 in 2021. The results put in relief how little of a “publishing company” Pearson has become (and should be of note to all of the list-makers and rankers). Higher Education sales were £898 million, up from £849 million a year ago but actually down 4 percent on an underlying basis, “driven by a decline in enrollments […]
