for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Pearson says demand for online learning softens impact of COVID

LONDON, Oct 14 (Reuters) - British education group Pearson said it was on course to hit market expectations after demand for online learning helped soften the impact from cancelled tests and closed schools due to COVID-19.

The company, which has appointed former Disney executive Andy Bird as its new CEO, said group sales fell by 14% over nine months due to school closures, campus shop closures and the cancellation of exams. (Reporting by Kate Holton, Editing by Paul Sandle)

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up