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Pearson annual profit rises 11%, ahead of forecasts

FILE PHOTO: FILE PHOTO: The company logo is displayed outside the Pearson offices in London

LONDON (Reuters) - British education group Pearson said it would post adjusted operating profit of about 455 million pounds ($560 million) for 2022, an 11% rise which puts it ahead of analyst expectations, on underlying sales which came in 5% higher.

($1 = 0.8127 pounds)

(Reporting by Sarah Young; Editing by Kate Holton)