Pearson released a COVID-19 trading update, highlighting that a number of its activities (i.e. test centres) are currently being hurt by the COVID-19 spread. Despite cost savings measures, this will have a significant negative impact on profits and the group cautiously announced its decision to suspend its share buy-back programme.
23 Mar 2020
COVID-19 trading update: further bad news for Pearson...
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COVID-19 trading update: further bad news for Pearson...
Pearson PLC (PSON:LON) | 992 33.7 0.3% | Mkt Cap: 6,784m
- Published:
23 Mar 2020 -
Author:
Véronique Cabioc'h -
Pages:
2
Pearson released a COVID-19 trading update, highlighting that a number of its activities (i.e. test centres) are currently being hurt by the COVID-19 spread. Despite cost savings measures, this will have a significant negative impact on profits and the group cautiously announced its decision to suspend its share buy-back programme.