Pearson PLC (XTER:PES)
€ 14.245 0.055 (0.39%) Market Cap: 9.42 Bil Enterprise Value: 10.96 Bil PE Ratio: 23.83 PB Ratio: 2.08 GF Score: 73/100

Q1 2020 Pearson PLC Trading Statement Call Transcript

Apr 24, 2020 / 07:45AM GMT
Release Date Price: €5.68
Operator

Welcome to the Pearson Q1 Trading Update Analyst Call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present John Fallon, CEO; and Sally Johnson, Deputy CFO. Please begin the meeting.

John Joseph Fallon
Pearson plc - CEO & Executive Director

Good morning, everyone. As he just said, John Fallon here. Thanks for joining us this morning. And I hope you're keeping safe and well. I am joined, at a safe distance of course, by Sally Johnson, who will formally succeed Coram Williams as our new Chief Financial Officer after today's AGM. I'd like to take this last opportunity to thank Coram for all he's contributed to Pearson in various guises over the last 18 years and to welcome Sally to her new role as she steps up from Deputy CFO. I know she's going to make, indeed is already making, as we work our way through these extraordinary times, a great CFO.

This is our regular Q1 trading update, so let me start with the headlines, which Sally will walk you through in more detail shortly. As

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