Pearson posts stronger H1 results and receives upgraded rating

Pearson plc reported a 4% rise in first‑half revenue and a 14% increase in adjusted operating profit, lifting earnings per share by 19% on a constant‑currency basis. Chief Executive Omar Abbosh highlighted growth in virtual learning, enterprise learning and assessment businesses, while CFO Simon Robson confirmed a 5% dividend increase to £0.082 per share and completion of a £350 million share‑repurchase programme. The company reaffirmed its full‑year guidance for mid‑single‑digit revenue growth and profit of £640‑£685 million.

Analyst coverage turned more positive as Wall Street Zen upgraded Pearson from “hold” to “buy”, and Weiss Ratings raised its rating to “buy” as well. JPMorgan maintained a neutral stance. Institutional investors such as the Royal Bank of Canada and CIBC Private Wealth Group increased their holdings during the quarter.