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Stock impact report

Pearson 2024 Trading Update (Unaudited)

Pearson, Plc (PSO) 
Company Research Source: Business Wire
Delivered on financial1 and strategic priorities for 2024. Entering 2025 with continued confidence. New strategic partnership with Microsoft progressing our Enterprise focus and technology transformation. LONDON--(BUSINESS WIRE)--HighlightsUnderlying Group sales growth2 of 3% for the full year, excluding OPM3 and the Strategic Review4 businesses.Group adjusted operating profit of £595-600m at £:$ of 1.28 for the full year, up c.10% on an underlying basis compared to 2023, resulting in a margin of c.16.8% (2023: 15.6%).Free cash flow conversion in excess of 100%5, ahead of guidance.Successfully delivered our 2024 strategic priorities with progress in Enterprise and scaling AI across our products and services including the recent launch of an Read more
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