2024 H1: Pearson's sales dip to £1.75bn, but adjusted operating profits grow 4%, with CEO Omar Abbosh focusing on skills gap and AI.

Pearson, the world's largest education publisher, reported a sales dip to £1.75bn for the first half of 2024, down from £1.88bn in the same period last year. Despite this, the company's adjusted operating profits grew by 4% to £250m. Pearson's CEO, Omar Abbosh, sees potential growth opportunities in addressing the skills gap caused by Baby Boomers retiring and plans to leverage AI to adapt to changing skill requirements in the workforce.

8 months ago
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