Pearson narrows 2026 EBIT guidance to £650 million–£675 million

• Pearson narrowed its 2026 operating profit guidance to £650 million–£675 million from £640 million–£685 million, retaining the midpoint.
• Full-year sales growth remains projected at mid-single digits, supported by 5% growth over nine months.
• Third-quarter sales rose 6%; fourth-quarter growth is expected to slow amid tougher assessment comparatives and test-delivery timing.
• Cash conversion guidance remains 90%–100%, excluding approximately £200 million for two acquisitions.
• A fourth-quarter return to growth for Pearson Test of English is more uncertain as market conditions remain challenging.

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