Pearson PLC said Wednesday that core sales grew in the fourth quarter and that it expects to report sales and profit according to opinions despite a further blow from the coronavirus pandemic in late 2020.
The education company FTSE 100 reported that group sales for the fourth quarter rose 4% on a fundamental basis, driven by strong growth in its online learning operations, and increased demand in global assessment. was partially modeled by locks.
Quarterly sales in North America’s main course equipment segment fell 8%, Pearson said.
For the full year, the company said sales declined by 10%, with the impact of the pandemic feeling worse across its international and global appraisal operations.
Pearson expects to report adjusted operating profit for 2020 of between 310 million and 315 million pounds ($ 422.6 million- $ 429.4 million).