Pearson shares gained on Monday as investors studied the education and publishing group’s nine month results.
The group said they saw strength in their English Language Learning, Virtual Learning, Workforce Skills and Assessment & Qualifications operations.
Sales for the period grew 7% with English Language Learning sales the standout out performer, increasing 28%.
Pearson said they were on track to achieve £100m in cost efficiencies in 2023 which will help improve margins.
“This has been another good quarter for Pearson and I am pleased with the continuing momentum the business is demonstrating through our sharp focus on delivery. We are executing well on our plan for accelerated margin improvement,” said Andy Bird, Pearson’s Chief Executive.
Pearson shares were over 7% higher at 954p at the time of writing.