Saturday, July 28, 2012

Pearson's First-Half 2012 results

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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