Thursday 1 March 2012

Pearson profits up 72%

Pearson has reported its pre-tax profits in 2011 increased to £1.15bn. E-book sales at Penguin have doubled. Revenues in the FT Group increased by approximately 7%. and profits went up by 27%. In the US, the numbers of digital subscribers to the FT has now outstripped print subscribers.
For more detailed analysis see Guardian.co.uk

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