Pearson plc (Pearson) is an international media and education company with businesses in education, business information and consumer publishing. The Company and its subsidiaries are involved in the provision of information for the educational sector, consumer publishing and business information. The Company helps children and adults to learn, business people to make decisions, readers to enjoy a book. Though Pearson generates approximately 60% of its sales in North America, it operates in more than 60 countries. The Company consists of three worldwide businesses: Pearson Education, The Financial Times Group and The Penguin Group. In June 2009, Pearson and Educomp Solutions established a 50:50 joint venture to offer vocational and skills training in India. In October 2009, Pearson PLC announced the acquisition of A+RISE.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Pearson plc's revenues increased 22% to £2.4B. Net income from continuing operations increased 8% to £28M. Revenues reflect an increase in sale from North America Education, International Education, FT Publishing, Interactive Data and Penguin business segments. Net income was partially offset by an increase in cost of sales, an increase in operating expenses and higher finance costs.
Company Address
Pearson PLC
80 Strand London ENG WC2R 0RL
P: +4420.70102000