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.
July 29, 2024
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