- 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.
The Feldman File covers eBooks, publishing, new media, Internet services, consumer electronics and salsa dancing. (Okay, not salsa dancing, but it'll be interesting to see how many people looking for information on salsa dancing end up here.)
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Saturday, July 28, 2012
Pearson's First-Half 2012 results
Pearson has reported its first-half 2012 financial results; here's a
summary:
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