Pearson has reported its first-half 2012 financial results; here's a
summary:
- North American educational sales were £1.022 billion, up 9%
year-over-year; adjusted operating profits were £62 million, up 35%.
(Net margins were 6.1%)
- International educational sales were £724 million, up 13%
year-over-year; adjusted operating profits were £73 million, up 16%.
(Net margins were 10.1%)
- Professional sales were £180 million, up 2% year-over-year; adjusted
operating profits were £9 million, down 65%. (Net margins were 5%)
- Penguin's worldwide sales were £441 million, down 4% year-over-year;
adjusted operating profits were £22 million, down 48%. (Net margins were 5%)
- Educational digital platform registrations were up 30%.
- Penguin's eBook revenues were up 33% and now represent almost 20% of the publisher's revenues.
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