Pearson

[Arborbridge]

Used to be a HYP share. Dunno if it still is. I have some anyway.....today the SP is up 10.5% because...

The company’s profit increased in the first-half of this year, significantly beating estimates despite the impact of inflation

https://www.bloomberg.com/news/articles ... premium-uk

Thanks. I have some too. It's been on my "to do list" i.e. perhaps give it chop - for years, but it has always survived through my own HYPer's inertia.

[tjh290633]

See https://www.investegate.co.uk/pearson-p ... 00113515U/ for the RNS.

Highlights

· Strong financial performance with underlying sales growth of 6% and adjusted operating profit up 22%. Full year expectations reaffirmed.

· Continued strategic and operational momentum across the business.

· Accelerating our digital journey with the development of Pearson's lifelong learning ecosystem.

· At least £100m of further efficiencies identified and to be delivered in 2023; accelerates our improved margin expectation to 2023 from 2025.

· We are launching a strategic review of our OPM business.

The yield is above my nominal level for dumping shares, but I have several that might well get the heave-ho,

TJH

[miner1000]

I tend to hold forever, so I seem to be back getting some income from Pearson. Not buying any more but no plans to sell. Miner

[Breelander]

I tend to hold forever, so I seem to be back getting some income from Pearson. Not buying any more but no plans to sell. Miner

^^^ what he said