Pearson was up as much as 12% today after reporting better-than-expected H1 22 results. The company said that it will meet its FY25 guidance two years in advance, i.e. in FY23, thanks to £100m in cost savings identified (synergies and efficiencies from the recent reorganisation). Again, a very pleasant surprise.
01 Aug 2022
The digital strategy is paying off
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The digital strategy is paying off
Pearson PLC (PSON:LON) | 1,005 -115.6 (-1.1%) | Mkt Cap: 6,822m
- Published:
01 Aug 2022 -
Author:
Zeineb Rourou -
Pages:
2
Pearson was up as much as 12% today after reporting better-than-expected H1 22 results. The company said that it will meet its FY25 guidance two years in advance, i.e. in FY23, thanks to £100m in cost savings identified (synergies and efficiencies from the recent reorganisation). Again, a very pleasant surprise.