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RNS Number : 3892S Pearson PLC 06 November 2023
6 November 2023
Pearson plc
("Pearson")
Assessment & Qualifications Investor Seminar
Spotlight on our largest and most profitable business at the heart of our
lifelong learning strategy
LONDON, 6 November 2023: Pearson, the world's leading learning company, will
host an investor seminar today at the New York Stock Exchange for analysts and
investors on its largest and most profitable business, Assessment &
Qualifications.
The seminar will be hosted by CEO, Andy Bird, and Sally Johnson, CFO. It will
feature presentations and Q&A from Art Valentine, President, Assessment
& Qualifications; Gary Gates, Managing Director, Pearson VUE; Sharon
Hague, Managing Director, US Student Assessment and UK & International
Qualifications; and Mary Kempf, SVP, Finance, Assessment & Qualifications.
No new material financial information will be provided and there will be no
new disclosures on current trading with the Group having already announced Q3
results on 30(th) October.
The event will be available to view online from 9.00 EST/14.00 GMT at
pearson-nyc.connectid.cloud/ (https://pearson-nyc.connectid.cloud/) . A
recording of the event, as well as the presentations, will be available to
view on Pearson's website shortly after the event at
https://plc.pearson.com/en-GB/investors/performance/results-reports-presentations
(https://plc.pearson.com/en-GB/investors/performance/results-reports-presentations)
.
Andy Bird, Chief Executive, commented: "Assessment & Qualifications is at
the heart of Pearson's lifelong strategy, and this event will shine a light on
what has been and will continue to be the powerhouse of our growth. The need
for trusted accreditation and certification has never been greater and extends
ever further through people's lifelong learning journeys. Our A&Q business
is exceptionally well placed to leverage this, having built scale and strong
competitive positions in its chosen markets. It is our largest and most
profitable business, its customer base is well diversified, and it benefits
from good revenue consistency and visibility, meaning that it makes a
particularly high-quality contribution to group performance. We see a broad
range of opportunities to build on these strong foundations, driving improved
top line and margin performance over the coming years, and unlocking
significant synergies with our other businesses."
---ENDS---
Investor Relations Jo Russell +44 (0) 7785 451 266
James Caddy +44 (0) 7825 948 218
Gemma Terry +44 (0) 7841 363 216
Brennan Matthews +1 (332) 238-8785
Teneo Charles Armitstead +44 (0) 7703 330 269
Notes
Forward looking statements: Except for the historical information contained
herein, the matters discussed in this statement include forward-looking
statements. In particular, all statements that express forecasts, expectations
and projections with respect to future matters, including trends in results of
operations, margins, growth rates, overall market trends, the impact of
interest or exchange rates, the availability of financing, anticipated cost
savings and synergies and the execution of Pearson's strategy, are
forward-looking statements. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend on
circumstances that will occur in future. They are based on numerous
assumptions regarding Pearson's present and future business strategies and the
environment in which it will operate in the future. There are a number of
factors which could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements, including
a number of factors outside Pearson's control. These include international,
national and local conditions, as well as competition. They also include other
risks detailed from time to time in Pearson's publicly-filed documents and you
are advised to read, in particular, the risk factors set out in Pearson's
latest annual report and accounts, which can be found on its website
(www.pearsonplc.com). Any forward-looking statements speak only as of the date
they are made, and Pearson gives no undertaking to update forward-looking
statements to reflect any changes in its expectations with regard thereto or
any changes to events, conditions or circumstances on which any such statement
is based. Readers are cautioned not to place undue reliance on such
forward-looking statements.
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