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Wednesday 23rd July

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Pearson Earned 78 Million Pounds From PRH

Posted at 9:14AM Saturday 01 Mar 2014

Pearson year-end results included previously reported Penguin results for the first half of 2013 and offered a small glimpse of Penguin Random House's performance since the merger was completed July 1. The company reported a contribution to earnings of 78 million pounds from Penguin, a figure that represents six months of just Penguin earnings in the first half of 2013 (which was 28 million pounds) plus another six months of its share of profit "from associated interest in the PRH venture."

PW




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