Quarterly ResultJul 31, 2026, 01:01 PM
Pearson H1 Revenue £1.78B, Adj. Op. Profit £276M; Reiterates Guidance
AI Summary
Pearson PLC reported a strong first-half performance for 2026, with underlying revenue growing 4% to £1,779 million and adjusted operating profit increasing 14% to £276 million. The company also saw a significant rise in free cash flow, up 66% to £259 million, and increased its interim dividend by 5% to 8.2p. Pearson reiterated its full-year 2026 guidance, expecting mid-single digit underlying revenue growth and adjusted operating profit between £640 million and £685 million, driven by strong performance in Virtual Learning and strategic partnerships.
Key Highlights
- H1 2026 underlying revenue grew 4% to £1,779 million.
- H1 2026 underlying adjusted operating profit increased 14% to £276 million.
- Adjusted earnings per share rose 18% to 28.9p.
- Free cash flow increased 66% to £259 million.
- Interim dividend proposed at 8.2p, up 5%.
- Reiterated 2026 guidance for mid-single digit revenue growth and £640m-£685m adjusted operating profit.
- Virtual Learning revenue grew 19%, and Enterprise Learning & Skills grew 7%.
- Completed £350 million share buyback program.
Price Impact
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