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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Pearson
Pearson (PSON) investor relations material
Pearson Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary14 Jan, 2026
Executive summary
Achieved underlying group sales growth of 4% for the full year 2025, with Q4 accelerating to 8% growth.
Adjusted operating profit reached £610-615m, up approximately 6% year-over-year on an underlying basis.
All business units contributed to growth, supported by strategic partnerships and AI-driven product launches.
Financial highlights
Free cash flow conversion exceeded 95%, with net debt around £1.1bn and a £0.1bn State Aid repayment.
Group adjusted operating profit increased by about 6% year-over-year.
Outlook and guidance
Medium-term outlook targets mid-single digit underlying sales growth CAGR and average margin improvement of 40 basis points per annum.
Free cash flow conversion expected to remain strong, averaging 90% to 100% over the period.
Full year results for 2025 will be announced on 27 February 2026, with 2026 outlook to be provided.
Address H1 2026 headwinds from contract losses
What's the impact of Microsoft go-to-market?
What drove Q4 sales acceleration; is it sustainable?
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Next Pearson earnings date
H2 202527 Feb, 2026
Pearson
Next Pearson earnings date
H2 202527 Feb, 2026
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Frequently asked questions
Pearson plc is a global education company specializing in digital learning, educational content, assessments, and qualifications. The company provides a wide range of products and services, including online learning platforms, textbooks, standardized testing, and professional certifications. Pearson serves learners, educators, and institutions across sectors such as K-12, higher education, and corporate training. The company is headquartered in London, United Kingdom, and its shares are listed on the LSE (London Stock Exchange).
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