Exam cancellations take toll on 2020 sales for Pearson
The global education group says growth in demand for online learning was offset by pressure on education spending
20 January 2021 - 18:15
London — Global education group Pearson said exam cancellations and school closures continued to drag in the final part of 2020, pulling down annual group sales by 10%, although it was on track to meet reduced market forecasts.
Pearson, which appointed former Disney executive Andy Bird as its new CEO in October, said that the exam cancellations and pressure on education spending had offset the growth in demand for online learning during the year...
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