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Online demands helps profit to rebound at education group Pearson

Online demands helps profit to rebound at education group Pearson
Online demands helps profit to rebound at education group Pearson   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON – Global education group Pearson reported a better than expected rebound in first-half profit and a 17% jump in underlying sales driven by demand for online learning, helping it to lift its dividend.

The British company reported adjusted operating profit of 127 million pounds ($177 million), ahead of a company compiled range of 100 to 120 million pounds, and said it would pay an interim dividend up 5%. It reiterated its outlook.

($1 = 0.7175 pounds)