Pearson Sees 2013 Flat, Begins Restructuring Plan

Saturday 25th May

Pearson Sees 2013 Flat, Begins Restructuring Plan

Posted at 8:37AM Monday 25 Feb 2013

Pearson said it expects this year's earnings to be flat on 2012 and that it will start a 150 million pound restructuring plan to help reposition its education business.

The owner of the Financial Times newspaper and Penguin books publisher on Monday said full-year adjusted earnings per share fell 3 percent to 84.2 pence, in line with the 84 pence level the company estimated in January.

Stockmarketwire: Strong performance from Penguin eBooks helps Pearson

Comments [0]

Email Story

Report Bad Link

Share |

Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more

More Book Trade News

Behold: How Amazon Wins The Sales Tax Wars Even When It Loses
gigaom.com

What's really behind Amazon's tax war

At Hearing, Judge Says She Is Leaning Against Apple
www.publishersweekly.com

Government will likely be able to prove Apple's guilt in coordinating a conspiracy to raise e-book prices

Salt Abandons Single-author Collections Amid Poetry Market Slump
www.guardian.co.uk

Publisher says these books are 'no longer viable' as sales drop by more than a quarter

Kindle Fire Now Available For Pre-order In 170 Countries
www.digitalbookworld.com

Kindle Fire HD and Kindle Fire HD 8.9" Now Available for Pre-Order for Customers in over 170 Countries Around the World, Shipping June 13

Breakthrough Breast Cancer Launches New Reading Campaign With Penguin And WH Smith
www.breakthrough.org.uk

Penguin and WHS partner on charity summer reading campaign

Amazon: Victim Or Aggressor? Issue Will Frame Apple Ebook Trial
paidcontent.org

Recent court filings show that Amazon will play a large role in determining the outcome

[More Book Trade News]