Pearson profit soars on strength in U.S., gains at newspaper

Article Abstract:

Pearson PLC of the United Kingdom posted soaring net profit, up 624 million Pounds ($1.09 billion) in 2005 from 262 million Pounds in 2004. Sales rose nine percent to 4.1 billion Pounds from 3.7 billion Pounds last year. Strength in revenue was due to a profit at the Financial Times and increased earnings at its education unit in the United States.

United States, Company Profile

---

Pearson's Chief sticks with plan, won't sell assets

Article Abstract:

Pearson PLC of the United Kingdom is not planning to divest assets although net profit fell 98 percent. Net income decreased to 7 million Pounds ($13 million) in the first half from 337 million Pounds last year. Revenue is up by 16 percent to 1.88 billion Pounds.

Scardino, Marjorie

---

Pearson shareholders read between lines

Article Abstract:

Pearson PLC of the United Kingdom has posted improved performance and is forecast to increase sales in 2006. Some investors are encouraging stronger management to improve shareprice. Pearson PLC is a publishing house that prints the London Financial Times.

Financial management, Investor relations

Similar abstracts:

• Abstracts: Flagship unit hurts profit at Berkshire. Berkshire's net strengthened 21% in latest quarter. Tokio Marine's net rises 22%, aided by cost reductions
• Abstracts: Supermarket operator on shopping list. Grazing on Dairy Farm. Global recession is forecast
• Abstracts: Denmark: Wireless broadband market to expand. Denmark: Orange in UMTS negotiations with Sonofon
• Abstracts: Cereal makers pour on new products. Kodak touts photo-specialty store network. A Kool way to target kids/moms; wrapping VIA trains in Kool-Aid imagery put the brand on track to big share gains
• Abstracts: Best intentions. Paint: scene one, seen them all

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.