VANCOUVER, BC – TheNewswire - February 27, 2026 - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company"), announces that, further to its press release dated February 19, 2026, the Company has obtained agreements from each of the European Bank for Reconstruction and Development (“EBRD”) and CC Ilovitza Limited (“CCC”), an affiliate of Consolidated Contractors Company Group, to extend the maturity dates of EBRD’s and CCC’s previously issued convertible debentures in the aggregate principal amounts ...

Earnings Report: Pearson plc reported an EPS of $0.52 and revenue of $2.52 billion, with a robust financial health highlighted by a £350 million share buyback.Valuation Ratios: The company's P/E ratio stands at 14.66, with a price-to-sales ratio of 1.74, indicating a reasonable market valuation.Future Growth: Pearson focuses on AI integration and enterprise offerings, projecting mid-single digit sales growth driven by advancements in AI and strategic partnerships.Pearson plc, listed on the NYSE as PSO, is a ...

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Well, I'm going to get up with the financial markets this morning and say three things to them. Firstly, we're extremely confident about the future of Pearson for two reasons. One, that AI is an enormous tailwind for our business. How is your moat protected at this point as you look out into the future. >> Well, the there are two reasons why I feel very strongly about the future for Pearson. The first one is AI as you know is driving a reconfiguration of jobs. uh and every CEO I talked to around the world u ...

Financial Data and Key Metrics Changes - In 2025, the company achieved a revenue growth of 4% and a profit increase of 6%, with adjusted EPS rising by 4% to GBP 0.645, reflecting solid trading performance despite currency headwinds [35][36] - The adjusted operating profit margin expanded from 16.9% to 17.2%, driven by operating leverage from sales growth and continued cost savings [35][38] - Free cash flow conversion was strong at 125%, including state aid recovery, and 98% without it, supporting a 5% increase in dividends [35][39] Business Line Data and Key Metrics Changes - The Assessments and Qualifications (A&Q) segment grew by 4%, with strong performance in clinical assessments and qualifications, benefiting from digital growth and international expansion [36][37] - Virtual Learning saw an 18% increase in sales in H2, with fall enrollments up 13%, supported by enhancements to the enrollment platform and targeted marketing [36][37] - Enterprise Learning and Skills (ELS) grew by 6%, with a notable 20% growth in enterprise solutions in Q4 [36][38] Market Data and Key Metrics Changes - The English Language Learning (ELL) segment maintained revenue levels despite a 15% decline in global market volumes, indicating market share gains [36][37] - The company is focusing on expanding its presence in the early careers market, estimated at a $6 billion opportunity in the U.S., which has been historically underserved [30][31] Company Strategy and Development Direction - The company aims to leverage mega trends in demographics and AI to drive demand for skilling and validation of skills, positioning itself as a leader in lifelong learning [4][8] - The strategy includes focusing on core businesses while investing in faster-growing segments like early careers and enterprise skilling, with a commitment to innovation and operational excellence [12][46] - The company has established nine significant partnerships with major tech firms, enhancing its enterprise solutions and creating new revenue opportunities [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver improved financial performance in 2026, guided by strong execution and strategic focus [46][41] - The management highlighted the importance of validated skills in the AI era, suggesting that the demand for trusted educational content will increase [70][71] - The company anticipates mid-single-digit CAGR in underlying sales growth and sustained margin improvement over the medium term [41][42] Other Important Information - The company has initiated a GBP 350 million share buyback program, reflecting proactive capital allocation to enhance shareholder value [35][45] - The company is transitioning its higher education platforms to streamline offerings, which will incur a one-off impairment but is expected to improve profitability in the long term [39][40] Q&A Session Questions and Answers Question: Can you provide more detail on the moving parts of A&Q growth in 2026? - Management indicated that without the New Jersey contract loss, A&Q growth could be higher than the guided 4%, supported by new contracts and strong performance in existing relationships [56][58] Question: What is the outlook for revenue growth in enterprise solutions? - Management expressed confidence in ELS growth, noting that while it is currently a smaller division, it is expected to grow significantly due to new contracts and partnerships [64][66] Question: What are the primary risks associated with generative AI for Pearson? - Management acknowledged potential risks from AI tools but emphasized that Pearson's focus on validated skills and trusted content positions it well to benefit from the demand for reliable educational resources [70][71]

Pearson (NYSE:PSO) H2 2025 Earnings call February 27, 2026 04:30 AM ET Company ParticipantsArt Valentine - President of Assessment and QualificationCiaran Donnelly - Head of European Media ResearchOmar Abbosh - CEOSally Johnson - CFOTom ap Simon - President of Higher Education and Virtual LearningTony Prentice - Chief Product Officer and President of Direct to ConsumerVishaal Gupta - President of Enterprise Learning and SkillsNone - Company RepresentativeNone - Video NarratorConference Call ParticipantsJame ...

Financial Data and Key Metrics Changes - In 2025, the company achieved a revenue growth of 4% and a profit increase of 6%, with adjusted EPS rising by 4% to GBP 0.645, reflecting solid trading performance despite currency headwinds [42][44] - The adjusted operating profit margin expanded from 16.9% to 17.2%, driven by operating leverage from sales growth and continued cost savings [42][46] - Free cash flow conversion was strong at 125%, including state aid recovery, and 98% without it, supporting a 5% increase in dividends [42][48] Business Line Data and Key Metrics Changes - Assessments and qualifications delivered solid performance with growth accelerating in H2, particularly in Q4, contributing to a 4% overall growth [44][46] - Virtual learning saw a strong performance, with sales up 18% in H2 and fall enrollments increasing by 13% [44] - Enterprise learning and skills grew by 6%, with a notable 20% growth in enterprise solutions in Q4 [44][46] Market Data and Key Metrics Changes - The English language learning segment maintained revenue levels despite a 15% decline in global market volumes, indicating market share gains [12][44] - The higher education segment showed improved growth, with expectations for further growth in 2026 supported by product and platform innovation [51] Company Strategy and Development Direction - The company is focused on leveraging mega trends such as demographic shifts and AI to drive demand for skilling and validation of skills, positioning itself as a leader in lifelong learning [3][9] - The strategy includes enhancing core businesses while investing in faster-growing segments like early careers and enterprise skilling [11][36] - The company aims to continue embedding AI-driven innovation across its products and services to improve learning experiences [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the future, citing strong secular demand driven by ongoing demographic shifts and advancements in AI [3][9] - The company anticipates continued growth in 2026, with a financial profile expected to improve further [2][41] - Management highlighted the importance of trust and verified skills in an AI-driven era, positioning the company to benefit from these trends [8][80] Other Important Information - The company has established nine significant partnerships with leading technology firms, which are expected to contribute to future revenue growth [23][24] - The company is investing in modernizing its higher education platforms, which will lead to a one-off impairment but is expected to generate long-term profit improvements [47][50] Q&A Session Summary Question: Can you provide more detail on the moving parts of A&Q growth in 2026? - Management acknowledged the impact of the New Jersey contract loss and indicated that without it, growth could be higher than the guided 4% [66][68] Question: Is there a strong pipeline for potential new contracts going forward? - Management confirmed a strong pipeline with new contracts in various states and partnerships with major tech companies [69][71] Question: What are the primary risks identified regarding generative AI? - Management noted that while there are risks from free AI tools, Pearson's focus on trusted, validated skills positions it well in the market [78][80] Question: What is driving the significant improvement in virtual learning margins? - Management attributed margin improvements to operating leverage and indicated that this trend is expected to continue [85] Question: How is pricing evolving across the businesses? - Management indicated strong pricing power, allowing the company to retain cost savings without significant pressure to pass them on to clients [85] Question: Why is McGraw Hill growing quickly, and can Pearson bridge the gap? - Management acknowledged McGraw Hill's growth but expressed confidence in Pearson's ability to improve its growth rate through innovation and strategic investments [86]

Pearson 2025 Full Year Results Friday 27th February 2026 1 Forward-looking statements Except for the historical information contained herein, the matters discussed in this presentation include forward-looking statements. In particular, all statements that express forecasts, expectations and projections with respect to future matters, including trends in results of operations, margins, growth rates, overall market trends, the impact of interest or exchange rates, the availability of financing, anticipated co ...

Core Insights - Pearson reported a sales increase of 4% to £3,577 million in 2025, with adjusted operating profit rising 6% to £614 million, reflecting strong performance across various segments [1][4][5] - The company is confident in achieving mid-single digit sales growth for 2026 and beyond, supported by strategic partnerships and advancements in AI technology [1][2][3] Financial Performance - Statutory operating profit decreased by 6% to £507 million due to adverse currency movements and a one-off impairment of legacy product development assets [1][4] - Adjusted earnings per share increased by 4% to 64.5p, with free cash flow rising by 8% to £527 million, resulting in a free cash flow conversion of 125% [1][4][5] - The company completed a £350 million share buyback in 2025, reducing the share count by 5%, and announced a further £350 million buyback in January 2026 [1][2][3] Segment Performance - Assessment & Qualifications segment saw a 4% increase in underlying sales, driven by new contracts and pricing strategies, with adjusted operating profit increasing by 1% [4][5] - Virtual Learning sales grew by 8% on an underlying basis, with a strong performance in the second half of the year, supported by a 13% increase in enrolments for the 2025/26 academic year [4][5] - Higher Education sales increased by 2%, with US Higher Education up 3% due to enrolment growth and pricing in core Courseware [4][5] Strategic Initiatives - Pearson advanced its enterprise strategy by securing eight partnerships with industry-leading firms, including a new partnership with Salesforce [1][2] - The company is focusing on the application of innovative technologies, particularly AI, to enhance learning outcomes and operational efficiencies [1][2][3] - Significant progress was made in expanding into the Early Careers space and enhancing career-readiness solutions for learners transitioning from education to the workforce [2][3] Outlook - For 2026, Pearson expects underlying sales growth to be mid-single digit, with adjusted operating profit projected between £640 million and £685 million [3][4] - The company anticipates stronger growth in Virtual Learning and Higher Education segments, driven by continued product innovation and market expansion [3][4][5] - The effective tax rate on adjusted profit before tax is expected to be around 25% for 2026 [3][4]

Core Viewpoint - Pearson has appointed Simon Robson as the new Group Chief Financial Officer (CFO), succeeding Sally Johnson, who is leaving to take a role at a large privately owned business. The company is optimistic about achieving mid-single digit underlying sales growth in 2026 [1]. Group 1: Leadership Transition - Simon Robson will officially join Pearson on March 30, 2026, and will take over as Group CFO and Executive Director on May 8, 2026, following a coordinated transition with Sally Johnson [1]. - Sally Johnson has been with Pearson for nearly 26 years, serving as CFO for the past six years, and has significantly contributed to the company's financial performance and transformation [1]. Group 2: Simon Robson's Background - Simon Robson has extensive financial leadership experience from Sky, where he held various senior finance and strategy roles, including Group CFO since June 2020 [1]. - He holds a degree in Accounting and Finance from the University of Sheffield and is a chartered certified accountant [1]. Group 3: Company Outlook - Pearson enters 2026 with confidence in delivering mid-single digit underlying sales growth, supported by the medium-term outlook shared in their full-year results [1]. - The company emphasizes its commitment to creating enriching learning experiences and serving customers in nearly 200 countries with digital content and assessments [1].