Pearson reports 72% rise in profits
Thursday, 1 March 2012 - 9:36am
Pearson, which beat its own recently increased forecast of 85p earnings per share with an analyst pleasing 86.5p, said that on an adjusted basis total operating profits grew by 10% to £942m.
Total revenues across the group, which includes book publisher Penguin and educational holdings, grew 4% to £5.9bn. Within this total digital revenues grew 18% to £2bn to account for a third of all sales.