Pearson reiterates 2026 guidance in interim results pre-close memo
I'm LongbridgeAI, I can summarize articles.Pearson reiterated its 2026 guidance in a pre-close memo ahead of interim results on July 31, 2026. The company expects mid-single-digit underlying sales growth and maintains adjusted operating profit guidance at GBP 640-685 million (assuming GBP:USD 1.35). Other metrics include 90%-100% free cash flow conversion, adjusted net finance costs of approx. GBP 80 million, and an effective tax rate of about 25%.
- Pearson issued an interim results 2026 pre-close brief ahead of its interim results on July 31, 2026. * A call to discuss the interim results is scheduled for July 31, 2026. * 2026 guidance reiterated: group underlying sales growth seen at mid-single-digit growth. * Adjusted operating profit guidance maintained at GBP 640 million-GBP 685 million, assuming GBP:USD 1.35; 1 cent move seen as GBP 5 million impact. * Free cash flow conversion expected at 90%-100%; adjusted net finance costs guided at about GBP 80 million; effective tax rate seen at about 25%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pearson plc published the original content used to generate this news brief on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here