Proactive Investors - Pearson (LON:PSON) is on track to hit forecasts this year with momentum expected to be stronger in the second half, said the online learning and exams group.
Revenues edged up 2% in the three months to end March 2024, with English learning (+22%) and workforce skills (+9%) the standouts.
Assessment and qualifications rose by 2% while virtual learning and workforce skills each dropped 4%.
Pearson added it was continuing to integrate AI features into its products with more than 40 Higher Education titles using AI for the Autumn term.
Omar Abbosh, Pearson's chief executive, said: “The year is unfolding as we anticipated, and we continue to expect an acceleration of growth in the second half, which will see us achieve our guidance for the full year.”
Pearson added it had completed a £300 million buyback and has started on a £200 million extension.