Pearson 2024 Q1 Trading Update (Unaudited)
Pearson VUE won several new contracts, supporting pipeline growth, including university entrance tests in the UK and the teacher licence contract in Georgia.
- Pearson VUE won several new contracts, supporting pipeline growth, including university entrance tests in the UK and the teacher licence contract in Georgia.
- Pearson Test of English declined slightly due to a strong comparator, and we expect performance will ramp through the year.
- Expect growth momentum in the second half of 2024 with the growth of Higher Education and normalised comparators for the assessments businesses.
- As a reminder, there was a weighting of sales to Q1 from Q2 due to the timing of state funding.