Investing.com -- Pearson (NYSE:PSO) (LON:PSON) said it remains on track to meet its full-year guidance, reporting modest sales growth in the first quarter and expecting momentum to build in the second half of the year.
Underlying group sales rose 1% in the first quarter. The company said it anticipates low single-digit sales growth for the first half overall, followed by a stronger performance in the second half.
Pearson said it expects both full-year sales growth and adjusted operating profit to be in line with market expectations for 2025.
Longer-term, the British education company said it is positioned to deliver a mid-single-digit underlying sales growth compound annual growth rate (CAGR) beyond this year.
While it acknowledged a more uncertain global economic backdrop, Pearson maintained confidence in its ability to meet this year’s financial targets.
"We continue to make good progress against our strategy, supporting our medium term growth outlook," said Omar Abbosh, CEO of Pearson.
"We are confident of delivering on our expectations for the year given our clear path to achieving stronger growth in the second half, whilst we recognise the heightened uncertainties around the global economy," he added.
Pearson said all business divisions performed in line with expectations during the first quarter, with Higher Education delivering a strong start to the year as underlying sales rose 6%.
The company began its £350 million share buyback programme in March 2025, with £65 million repurchased by the end of April.