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

• Pearson narrowed its 2026 EBIT forecast to £650 million–£675 million from £640 million–£685 million, retaining the midpoint.
• Full-year sales growth guidance remains mid-single-digit, supported by 5% growth over the first nine months.
• Third-quarter growth accelerated to 6%; tougher comparisons and assessment delivery timing are expected to slow fourth-quarter growth.
• Cash conversion is forecast at 90%–100%, excluding roughly £200 million for two acquisitions.
• A fourth-quarter return to growth for PTE remains possible but is more uncertain as market conditions stay challenging.

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