Pearson released a trading update for the third quarter, reporting that overall sales were up 4 percent. They note that all segments grew in the quarter, including Higher Education, which had been on the decline. Sales for the Higher Education business, which includes textbooks, were up 4 percent in the quarter, “driven by the operational and business changes implemented over the past 18 months.” In the US, the gains were due to increased adoptions, enrollment, and pricing. The company expects the segment to reflect growth for the full year. “Pearson is delivering on the three priorities for 2024 that I […]
