09:37 AM EDT, 04/26/2024 (MT Newswires) -- Pearson (PSO) reported Friday Q1 underlying sales growth of 3%.

The figure excludes the online program management business that Pearson has divested and revenue from international courseware local publishing divisions that have been wound down, the company said. A year-ago figure wasn't provided.

The company is on track to achieve 2024 guidance and expects growth to accelerate in the second half, according to Pearson.

An initial 300 million British pound ($375.2 million) share repurchase program has been completed and the 200 million pound buyback extension has started, it said.

The company said it will release half-year results in July.

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