Last checked at 6 Nov 2023 07:00
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| 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 30th October.
The event will be available to view online from 9.00 EST/14.00 GMT at 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.
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."
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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.