LONDON, March 7, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), a global leader in lifelong learning, has announced that Arden Hoffman will join the company as an independent Non-Executive Director starting June 1, 2025. Arden has extensive experience in leadership roles at well-known organizations and offers valuable insights into workforce and talent development, especially in the context of innovation and AI.
Pearson plc's earnings for the fourth quarter revealed a 10% increase in profits and a 16.9% EBIT margin, but there are significant competitive challenges and economic risks ahead. The company is working on improving digital learning through AI and partnerships with AWS and Microsoft, although its current valuation seems too high. While Pearson shows good business progress, its dependence on a strong second half of 2025 and decreasing free cash flow raises worries about future growth.
Pearson plc (NYSE:PSO) will hold its Q4 2024 Earnings Conference Call on February 28, 2025, at 9:30 AM ET. The call will feature company leaders, including CEO Omar Abbosh and CFO Sally Johnson, along with participants from various financial institutions. The session will include a presentation followed by a question-and-answer segment.
LONDON, Feb. 28, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), a global leader in lifelong learning, has announced that Sharon Hague will be promoted to President of its English Language Learning (ELL) division, starting on March 3. Pearson's ELL division is a top provider of English language assessments and educational resources for learners around the world.
Pearson PLC (LSE:PSON) saw its shares increase by 3.4% in early trading as investors responded well to strong results, consistent guidance, and better-than-expected cash flow. The company, which is transforming into a technology-focused learning provider, also revealed a faster rollout of AI and a new strategic partnership with AWS, strengthening its role in digital education.
Collaboration between Pearson and Amazon Web Services (AWS) will improve education for millions by using cloud and AI tools that tailor learning experiences and provide immediate feedback. They plan to enhance their partnership to better deliver AI-driven learning solutions, particularly in higher education. This alliance combines the strengths of both companies to create a better learning experience for users of Pearson's products and services.
We are optimistic about our future after a successful year in finance and strategy. We are making more advancements in AI and Enterprise goals, thanks to a new partnership with AWS.
Changes in demographics, advancements in technology, and an unprepared workforce are threatening economies with a "skills gap." In the U.S., inefficient career changes and learning deficiencies are leading to annual earnings losses of $1.1 trillion, which is about 5% of the GDP. A new report emphasizes the importance of modern learning methods and skill development to improve both economic and emotional outcomes for individuals and businesses.
AXP has extended its partnership with Toronto Pearson, providing Cardmembers perks such as valet service, parking discounts, and additional benefits to enhance their travel experience.
LONDON--(BUSINESS WIRE)--The Group experienced a 3% increase in sales for the entire year, not including OPM and the Strategic Review businesses. The adjusted operating profit for the Group is estimated to be between £595-600 million, which is about a 10% rise compared to 2023, leading to a margin of around 16.8%. Additionally, free cash flow conversion exceeded 100%, surpassing expectations, and we made good progress on our 2024 strategic goals, particularly in Enterprise and AI development.