Pearson plc (PSON) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to Pearson's 2025 interim results. Today we will host a presentation followed by a Q&A session. There will be two ways to submit your questions. If you'd like to ask your question personally, please use the numbers that are displayed on screen. These lines will be open following the main presentation. Alternatively, please type your questions into the questions tab at the top right of the screen and we will address them in turn at the end. And with that, I'll hand over to Omar. Thank you, Alex. Good morning. It's a pleasure to be with you again today. I've been looking forward to it. As well as hearing from Sally and me, we'll be joined later today by our colleagues Art, Tom, Vishal, Sharon, and Tony for Q&A. Now, we're very aware that the external world has changed significantly since our prelims in February, so I wanted to first provide a view of the market dynamics that are relevant for our business and our perspective on these. I'll then move on to an update of the strategic and operational progress that we've made so far this year. Before handing over to Sally, we'll give you an overview of our interim financial results. And then we'll open up as usual for your questions. But before we get going, let me first outline the key takeaways. Firstly, our strategy remains unchanged and is now well established across the organization. The two seismic trends of demographics and AI that we outlined this time last year are playing out exactly as expected. And in a world where AI is decreasing the half-life of skills, we have a vital role to play in shaping the future of learning. We're building medium-term growth engines for the company, for example, by gaining momentum in our enterprise business, while in parallel innovating to ensure our...