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Pearson reports in-line Q1, reiterates full-year guidance
(Sharecast News) - Pearson reported an in-line performance for the first quarter and reiterated its full-year guidance. Underlying sales excluding Online Programme Management and Strategic Review were said to have rise by 3% during the period.
Chief executive officer Omar Abbosh said that the year had started well and was unfolding as anticipated.
The educational publisher and services group also said that it was on track to achieve its 2024 guidance.
As at 24 April, the company said that it had executed £88m of its previously announced £200m share buyback extension.
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