UK's Pearson falls on half-year sales decline
** Shares of Pearson Plc PSON.L fall 4.2% to 1,006.50p; stock among top pct losers on FTSE 100 .FTSE index
** The learning company, with main operations in the education, assessment and certifications markets, posts ~7% decline in HY sales at 1.75 bln pounds ($2.26 bln); adj operating profit flat at 250 mln pounds y/y
** PSON says sales declined 2% on an underlying basis in the Higher Education business in the six months to June 30, and fell 1% in the Virtual Schools division
** Co says Pearson Test of English division volumes fell 10%, due to declines in the English High Stakes testing market amid tightening of policies around international study and migration
** Including session's losses, stock up ~4% YTD
($1 = 0.7776 pounds)
Reporting by Aby Jose Koilparambil in Bengaluru
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