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The latest update is out from Pearson ( (GB:PSON) ).
Pearson reported strong financial and strategic performance for 2024, with a 10% increase in adjusted operating profit and a 3% growth in underlying sales. The company announced a £350m share buyback, highlighting its robust cash position and confidence in future growth. Pearson’s strategic partnership with AWS aims to enhance its AI capabilities and expand its enterprise offerings, positioning the company for continued growth in 2025.
More about Pearson
Pearson is a global leader in the education industry, specializing in learning materials, technologies, and services. The company focuses on providing educational content and assessments, with a strong emphasis on leveraging innovative technologies such as AI to enhance learning experiences. Pearson is also expanding its presence in the enterprise skills market, aiming to bridge the skills gap in the workforce.
YTD Price Performance: 2.73%
Average Trading Volume: 1,417,864
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.68B
See more insights into PSON stock on TipRanks’ Stock Analysis page.