Pearson released a preliminary report of their full year 2024 results, with sales of £3.55 billion, compared to £3.67 billion in 2023, down due to currency fluctuations. Excluding businesses under strategic review, the company reports sales up 3 percent, due to growth in all segments except virtual schools. Operating profit was £541 million, up 9 percent from the previous year, “driven by increased trading profits, a reduction in property and intangible amortization charges, a lower year on year net loss from acquisitions and disposals, partially offset by one off UK discretionary pension charges,” according to a release. Adjusted operating profit […]
