Annual Report 2019

Focused on digital, lifelong learning

Overview from Chair & Chief Executive

"Pearson is transforming to succeed."

Sidney Taurel, Chair
Read the full Chair's statement

"We are pioneering new forms of digital learning."

John Fallon, Chief Executive
Read the full Chief Executive's overview

Financial KPIs

£3,869m

Sales
(2018: £4,129m)

£581m

Adjusted operating profit
(2018: £546m)

57.8p

Adjusted earnings per share
(2018: 70.3p)

19.5p

Dividend per share
(2018: 18.5p)

£418m

Operating cash flow
(2018 £513m)

£1,016m

Net debt1
(2018: £809m)

£480m

Net cash generated from operations
(2018: £547m)

£275m

Operating profit
(2018: £553m)

34.0p

Basic earnings per share
(2018: 75.6p)

1 Includes the impact of IFRS 16. 2018 is presented on a post IFRS 16 basis for comparability. Net debt as reported in 2018 was £143m (pre-IFRS 16).  

Our 2030 Sustainability Strategy

Pearson sees a world of talent

Talent is the world’s most valuable resource. We want to unleash it.
Our Sustainability Strategy has three main pillars:

1

Advance equity in learning

2

Build skills for sustainable futures

3

Lead by example

Learning stories

Meet BTEC Student of the Year 2019

Josephine Kiaga, is both a creative and an inspirational voice for her peers and the wider community. She took a BTEC Subsidiary Diploma in Creative Media Production (Film and Television), as well as a BTEC Diploma in Performing Arts (Acting) at Braeburn International School Arusha in Tanzania, to support her ambitions to become a director.

Read Josephine's story

Online school provides opportunity for young students to pursue passions and achieve their dreams

Madison Kenney has a passion for STEM and wants to share that enthusiasm with other young female students. STEM is often intimidating and Madison has made it her mission to work with female students to make STEM more approachable. To allow Madison to spend more time on this mission, her mother enrolled her in Connections Academy, Pearson’s Virtual Schools business for students in K12.

Read Madison's story

Aida – the world’s first AI-inspired calculus app

Meet Aida. The world’s first AI-enabled mobile calculus tutor. Aida is a first in education. By using multiple types of AI to tutor students, we can teach them how to learn calculus and apply it in the real world. Aida gives feedback tailored to everyone. Aida is designed based on evidence of the most effective ways to teach and learn calculus. It’s a highly personalised learning approach for a highly personalised world.

Read more about Aida