Pearson publishes transcript of 2026 interim results call
Reuters2026/08/05 21:07- Pearson interim results presentation for H1 2026 drew CEO Omar Abbosh, CFO Simon Robson, IR head Alex Shore, Art Valentine, Tom ap Simon, Vishaal, Sharon.
- Revenue up 4% underlying; adjusted operating profit up 14% to GBP 276 million; margin up 140 bps to 15.5%; adjusted EPS 28.9p.
- Free cash flow GBP 259 million; net debt GBP 1.3 billion at June 2026; interim dividend proposed up 5% to 8.2p; GBP 350 million buyback accelerated.
- Outlook unchanged: mid-single-digit underlying revenue growth; adjusted operating profit GBP 640 million-GBP 685 million; free cash conversion 90%-100%.
- New global AI-lab certification program launched within months; “tens of thousands” of test takers already; management flagged higher Q3 weighting from seasonality.
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