Pearson H1 FY26 adjusted operating profit rises 14% to £276 million; revenue increases 4% to £1.78 billion

• Pearson posted H1 2026 revenue growth of 4% to £1.78 billion, reflecting mid-single digit underlying gains.
• Adjusted operating profit climbed 14% to £276 million, lifting the adjusted operating margin by 1.4 percentage points to 15.5%.
• Adjusted EPS rose 19% to 28.9p, while free cash flow jumped 66% to £259 million.
• Net debt increased to £1.34 billion at June 30, following completion of a £350 million share buyback.
• Maintained 2026 outlook for mid-single digit underlying revenue growth, adjusted operating profit of £640 million-£685 million, free cash flow conversion of 90%-100%.

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