Pearson 2021 Preliminary Results
Statutory results • Sales increased 1% to £3,428m (2020: £3,397m), reflecting underlying performance, portfolio changes and currency movements. • Statutory operating profit was £183m (2020: £411m). The decrease in 2021 is mainly due to the gain on sale of PRH recognised in 2020 and restructuring costs in 2021 partially offset by improved trading profits, reduced intangible charges and gains on the 2021 business disposals. • Net cash generated from operations of £570m (2020: £450m). • Statutory earnings per share of 21.1p (2020: 41.0p).