Pearson reports 'strong rebound' as it launches student subscription app

Pearson reports 'strong rebound' as it launches student subscription app

Pearson’s underlying revenue increased by 17% in the first half of 2021, reflecting a “strong rebound” from last year, and “encouraging momentum in the underlying business”. The company has also announced a new subscription app for students launching in the US today, called Pearson+. 

Sales for the first half to 30th June 2021 were up 7% compared to last year, totalling £1.6bn, up from £1.5bn the year before. It recorded an adjusted operating profit of £127m for the first half, compared to a loss of £23m a year earlier. 

C.e.o. Andy Bird, the former chair of Walt Disney International who ...

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