Pearson's AI Integration Drives 5% Sales Growth in Q3
The education company's strategic shift towards AI-enhanced products boosts revenue across all divisions, defying sector challenges.
- Pearson reported a 5% increase in underlying sales in the third quarter, fueled by AI-driven innovations.
- The Higher Education division saw a 4% sales growth, aided by AI study tools with over 5 million student interactions.
- CEO Omar Abbosh highlighted the company's success in operational performance and AI deployment across products.
- The company is on track to meet its full-year profit expectations of £598 million ($777 million).
- Pearson's stock has risen 18% this year as investors show confidence in its digital transformation strategy.