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Pearson 2020 Preliminary Results and strategy update (Unaudited)

Pearson 2020 Preliminary Results and strategy update (Unaudited)
Resilience despite COVID-19 challenges. Repositioning Pearson for sustainable growth.
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Highlights
Underlying revenue declined 10%.
Global Assessment 14% lower, and International down 19%.
North American Courseware down 13%, with US Higher Education Courseware in line with pre-COVID expectations.
Performance in line with revised expectations post COVID-19;
with adjusted operating profit of £313m (2019: £581m)
Adjusted earnings per share of 28.7p (2019: 57.8p) after an effective tax rate charge of 13.7% (2019: 16.5%).
Strong balance sheet and cash performance
Operating cash flow of £315m (2019: £418m) with a conversion rate of 101% reflects lower profit partially offset by good working capital management. ....

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Pearson, Hawai'i Pacific University Partner to Offer New Online Advanced Nursing Degrees, Certificates

Pearson, Hawai i Pacific University Partner to Offer New Online Advanced Nursing Degrees, Certificates
Programs Designed to Address Skyrocketing Demand for Skilled Nursing Professionals, Including a Contact Tracing Certificate
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HONOLULU, Jan. 12, 2021 /PRNewswire/ Today, Pearson and Hawai i Pacific University (HPU) enter into a new partnership to bring HPU degree and certificate programs online, including three new online nursing degree programs offered through the University s College of Health and Society (CHS): Master of Science in Nursing (MSN), Doctor of Nursing Practice (DNP) and a Post-Master Certification (PMC). The MSN and DNP programs will launch Fall 2021, and the PMC program begins Fall 2022, incorporating some of the most high-demand, concentrated degrees that will enable graduates to be leaders in the healthcare industry. According to the Bureau of Labor Statistics, overall employment of nu ....

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