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Pearson Launches AI Literacy Modules to Help Instructors Teach Responsible AI Skills
Prnewswire· 2025-09-04 13:00
New Modules Tackle Faculty Concerns About AI Misuse While Credentialing Students with Workforce-Ready SkillsHOBOKEN, N.J., Sept. 4, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), the world's lifelong learning company, today announced the launch of its new AI Literacy Modules, a set of assignable learning experiences designed to equip students with the skills to understand, use, and evaluate AI ethically and effectively. The launch comes amid surging demand for AI acumen within higher education institutions a ...
New Pearson Data Shows Connections Academy High School Students Using AI Study Tools Achieve Higher Grades and Pass Rates
Prnewswire· 2025-08-20 13:00
Course Scores Rise for High Schoolers Using AI, Prompting a Rethink of Study Habits The AI study tool was intentionally designed to prioritize active learning and engagement, effective feedback, and scaffolded support to drive student learning and success. HOBOKEN, N.J., Aug. 20, 2025 /PRNewswire/ -- With a new school year kicking off, Pearson, (FTSE: PSON) the world's lifelong learning company, released data today that shows successful outcomes for high school students who used AI study tools embedded in t ...
The ultimate global study companion: Pearson expands AI-powered Study Prep, supporting personalized learning worldwide
Prnewswire· 2025-08-07 13:00
LONDON, Aug. 7, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), the world's lifelong learning company, today announced the international expansion of Study Prep, its AI-enhanced video learning experience that provides personalized study support across more than 25 academic subjects. Launched commercially globally in the first half of 2025, Study Prep will now reach students worldwide, including in Canada, Brazil, the UK, India, China, and South Africa. Study Prep's expansion represents a significant step towar ...
Pearson(PSO) - 2025 H1 - Earnings Call Transcript
2025-08-01 08:32
Financial Data and Key Metrics Changes - Sales increased by 2% on an underlying basis, in line with guidance set in February [31] - Adjusted operating profit also rose by 2% to £242 million, while adjusted earnings per share decreased to 24.5p due to FX headwinds [31] - Free cash flow improved significantly, up £129 million to £156 million, aided by good working capital management [37] - Net debt decreased by £200 million to £1 billion, driven by free cash flow [37] Business Line Data and Key Metrics Changes - Assessments and Qualifications sales grew by 2%, with strong growth in Clinical Assessments and UK International Qualifications, offset by declines in Pearson VUE and U.S. Student Assessment [32] - Virtual School sales declined by 1%, but enrollments increased by 5% in the spring semester [34] - Higher Education sales grew by 4%, with a notable 213% increase in digital subscriptions [34] - English Language Learning declined by 3%, while Pearson Test of English remained flat [35] - Enterprise Learning and Skills grew by 4%, supported by strong performance in Vocational Qualifications [35] Market Data and Key Metrics Changes - The medium-term outlook for PTE and ELL remains strong, supported by demographics and operational track record [10] - Federal funding accounts for a small proportion of total funding for K-12 and Higher Ed, with minimal impact from international mobility [9] Company Strategy and Development Direction - The company’s strategy remains unchanged, focusing on medium-term growth engines and innovation in products and services [6] - Emphasis on AI and skill development to address the evolving workforce demands [11] - The acquisition of eDynamic Learning is expected to enhance the company’s early career strategy and support medium-term guidance [42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company’s trajectory, citing strategic clarity and execution focus [44] - The company is well-positioned to take advantage of emerging opportunities despite market dynamics [7] - Management expects full-year financial performance to align with earlier expectations, with growth weighted towards the second half of the year [38] Other Important Information - The company is transforming revenue operations and modernizing marketing approaches to improve efficiency [19] - AI-driven simplification is progressing, with significant improvements in customer interactions and content development [20] Q&A Session Summary Question: Performance of new and renewed contracts - Management confirmed that contracts like ServiceNow and Salesforce are performing in line with expectations, with growth anticipated in 2026 [48][51] Question: Opportunities from Gen AI products - Management highlighted the potential of AI to enhance learning outcomes and drive cost efficiencies across various divisions [54][55] Question: Q3 and Q4 revenue growth expectations - Management provided insights on the expected growth drivers, including new contracts and enrollment increases in virtual schools [63][66] Question: Details on Pearson VUE contract pause - Management clarified that the pause was specific to an individual situation and not indicative of broader trends [76] Question: Expectations for English Language Learning growth - Management expressed confidence in institutional growth in the second half, particularly in Latin America [79] Question: Higher Education enrollment expectations - Management indicated that flattish enrollments are still the base case for planning, with growth expected from pricing and new product rollouts [84][88]
Pearson(PSO) - 2025 H1 - Earnings Call Transcript
2025-08-01 08:30
Financial Data and Key Metrics Changes - Sales increased by 2% on an underlying basis, in line with previous guidance [33] - Adjusted operating profit also rose by 2% to £242 million, while adjusted earnings per share decreased to 24.5p due to FX headwinds [33] - Free cash flow improved significantly, up £129 million to £156 million, supported by strong working capital management [39] - Net debt decreased by £200 million to £1 billion, driven by free cash flow [39] Business Line Data and Key Metrics Changes - Assessments and Qualifications sales grew by 2%, with strong growth in Clinical Assessments and UK International Qualifications, offset by declines in Pearson VUE and U.S. Student Assessment [34] - Virtual School sales declined by 1%, but enrollments increased by 5% in the spring semester [36] - Higher Education sales grew by 4%, with a notable 213% increase in digital subscriptions [36] - English Language Learning declined by 3%, while Pearson Test of English remained flat [37] - Enterprise Learning and Skills grew by 4%, driven by strong performance in Vocational Qualifications [37] Market Data and Key Metrics Changes - The U.S. Federal Government's hiring freeze is expected to impact PDRI in the near term, but long-term relationships position the company well for future opportunities [7][8] - The medium-term outlook for PTE and ELL remains strong, supported by demographics and operational track records [9] Company Strategy and Development Direction - The company’s strategy remains unchanged, focusing on building growth engines in the Enterprise business and innovating products and services [5] - The strategic framework includes a focus on higher growth opportunities, unlocking innovation, and embedding a high-performance culture [12] - The company is targeting growth in adjacent markets, with a focus on partnerships and operational improvements [26][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the medium-term trajectory, citing strategic clarity and execution focus [5][47] - The company is on track to deliver financial performance in line with expectations set earlier in the year [6][40] - Management highlighted the importance of AI in shaping the future of learning and driving operational efficiencies [57][59] Other Important Information - The acquisition of eDynamic Learning for £225 million is expected to support medium-term guidance, despite near-term integration costs [43] - The company is implementing operational improvements, including revenue operations transformation and modern marketing approaches [19][20] Q&A Session Summary Question: Performance of new and renewed contracts - Management confirmed that contracts like ServiceNow and Salesforce are performing in line with expectations, with growth anticipated in 2026 [51][54] Question: Opportunities from Gen AI products - Management highlighted the potential of AI to drive cost efficiencies and improve customer experiences across various divisions [57][59] Question: Q3 and Q4 revenue growth expectations - Management provided insights on expected growth driven by new contracts and the cessation of previous school losses impacting Virtual Learning [66][70] Question: Higher Education enrollment expectations - Management indicated that enrollment growth is expected to be supported by pricing strategies and new product rollouts [72][85] Question: Details on Pearson VUE contract pause - Management clarified that the pause was specific to an individual contract and not indicative of broader issues [78][80] Question: Growth expectations in English Language Learning - Management expressed confidence in growth from the institutional business in the second half, particularly in Latin America [83] Question: Adoption share performance in Higher Education - Management reported a slight increase in adoption share compared to the previous year, with a focus on upcoming sales cycles [96]
Pearson(PSO) - 2025 H1 - Earnings Call Presentation
2025-08-01 07:30
Pearson 2025 Interim Results Friday 1st August 2025 1 Forward-looking statements Except for the historical information contained herein, the matters discussed in this presentation 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 costs s ...
Pearson Interim Results for the six months to 30th June 2025 (Unaudited)
Prnewswire· 2025-08-01 06:10
Financial Performance - Group sales decreased by 2% on a headline basis to £1,722 million in H1 2025 compared to £1,754 million in H1 2024, but increased by 2% on an underlying basis [29][31] - Adjusted operating profit increased by 2% on an underlying basis to £242 million, while statutory operating profit rose by 10% to £240 million [5][29] - Free cash flow increased significantly by £129 million to £156 million, aided by a £114 million State Aid tax recovery [6][49] Strategic Developments - The company is on track to meet its 2025 guidance, with expectations of stronger growth in the second half of the year [3][6] - Strategic partnerships with major tech companies like Microsoft, AWS, and Google Cloud are enhancing the company's AI transformation agenda [6][13] - The acquisition of eDynamic Learning for $225 million is expected to strengthen the company's position in the Early Careers space [58] Business Unit Performance - Assessment & Qualifications sales increased by 2% on an underlying basis, with strong growth in Clinical Assessments and UK & International Qualifications [5][19] - Virtual Learning sales decreased by 1% on an underlying basis, with a 5% decline on a headline basis due to previous school losses [20] - Higher Education sales rose by 4% on an underlying basis, driven by a 21% increase in Inclusive Access and a 3% rise in US digital subscriptions [21] Cash Flow and Capital Management - Operating cash flow was stable at £126 million, while net cash generated from operations was £188 million [47][48] - The company has initiated a £350 million share buyback program, with £169 million of shares repurchased by June 30, 2025 [6][61] - Net debt decreased to £1.0 billion from £1.2 billion at the end of H1 2024, reflecting strong cash performance [51] Outlook - The company reaffirms its medium-term outlook, projecting mid-single digit underlying sales growth and sustained margin improvement [8][25] - Sales growth is expected to be H2 weighted, particularly in Q4, driven by new and renewed contracts [25]
HCLTech and Pearson Partner to Accelerate Skills Development, Advance Careers and Bridge the Global Skills Gap in the AI Era
Prnewswire· 2025-07-29 13:00
LONDON and NOIDA, India, July 29, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), the world's lifelong learning company, and HCLTech, a global technology company, today announced a multi-year strategic partnership to accelerate the transformation of learning, skills and workforce readiness in an AI-driven world. In addition, Pearson's AI-powered learning and assessment tools will be embedded across HCLTech's internal HR ecosystem. This includes structured learning pathways, verified credentials through Credly, ...
Pearson Advances English Language Assessment with Enhanced PTE and New Express Test
Prnewswire· 2025-07-10 08:00
Core Insights - Pearson announces updates to its English language testing portfolio, including enhancements to the Pearson Test of English (PTE) and the launch of the Pearson English Express Test, aimed at improving the testing experience for governments, universities, and test takers globally [1][10] Enhancements to PTE - Starting August 2025, PTE Academic will introduce two new speaking tasks: "Respond to a Situation" and "Summarize a Group Discussion," designed to assess real-world communication skills [2] - The scoring model will be enhanced with advanced AI and human expert collaboration to better detect unoriginal responses [3] - New preparation resources for the enhanced PTE Academic include scored practice tests, expert courseware, webinars, and video content [3] Trusted Fundamentals - PTE remains fully computer-based, primarily AI scored, and delivers results typically within two days, trusted by over 3,500 institutions and millions of learners worldwide [4] Growth in Test Center Network - PTE's secure test center network expanded with 30 new centers in 2025, totaling 517 locations across various countries, supporting growth in migration and study abroad markets [5] Introduction of Pearson English Express Test - The Pearson English Express Test is a new online assessment designed for US-bound learners, offering a one-hour test that can be taken anytime, anywhere, with results available within minutes [6] - This test addresses the demand from universities for secure and accurate English proficiency assessments, allowing institutions to set scores using Pearson's Global Scale of English (GSE) [7] Security Features - Universities will receive samples of written and spoken responses, with security features including identity checks, human oversight, and dual-camera monitoring [8] Company Commitment - Pearson emphasizes its investment in assessment innovation to meet the needs of governments, institutions, and learners, with enhancements to PTE Academic effective from August 7, 2025 [10]
Race Against the Machine: Pearson Expands AI Content to Equip Learners for Future of Work
Prnewswire· 2025-06-30 13:00
Core Insights - Pearson's Generative AI Foundations Certification has experienced double-digit monthly growth since its launch in October 2024, attracting a global audience of learners [1][8] - The company is expanding its AI learning content portfolio to cater to K-12, higher education, professional, and enterprise learners, addressing the urgent need for advanced skills in the workforce [1][3] Company Initiatives - The expanded portfolio includes certification opportunities across various formats and disciplines, focusing on agentic AI, large language models, machine learning, and ethical AI implementation [2] - Pearson's AI-related live training hours have nearly doubled from 580 to 996 content hours in the past year, highlighting the company's commitment to enhancing AI understanding in educational settings [3] Industry Context - The skills gap is becoming a significant concern, with estimated annual economic losses of $1.1 trillion in the US and £100 billion in the UK due to a lack of relevant skills [4] - The emergence of agentic AI systems necessitates the development of essential skills for future success in both education and the workplace [4] Strategic Partnerships - Pearson has formed strategic partnerships with major tech companies such as Microsoft, Amazon Web Services, and Google to enhance its AI learning offerings and transform the learning experience [5] Learning Content Features - The expanded AI learning content includes modules on responsible AI use, with AI Literacy modules launching in select courses this fall, allowing students to earn recognized badges for completion [8]