Pearson announced interim results for the first half of 2023 ended June 30, with sales of £1.879 billion, up 5 percent from 2022. Operating profit was £219 million, compared to £148 million last year. As far as publishing goes, which is less and less a focus of the company, the Higher Education segment grew 2 percent to £379 million — based on foreign exchange. But it declined 2 percent on an underlying basis as expected due to “a decline in enrollments and loss of adoptions to non-mainstream publishers.” Pearson restructured the sales team last year, which “helped to increase adoption […]
