Digital sales boost Pearson

first_img whatsapp Strong digital sales at publishing group Pearson helped boost its third quarter performance, pushing up its full-year forecasts.The group now expects full-year earnings to be 10 per cent ahead of 2009 figures, with profits in the last three months up eight per cent year-on-year.Sales at Penguin were up five per cent, education business sales were up seven per cent and the Financial Times group sales were up 11 per cent, boosted by strong demand for its print, digital subscriptions and growth in advertising.In education, Pearson said its strategy of moving from a physical book publisher to educational technology had enabled it to gain market share in the US, with sales growth of five per cent. Its Higher Education unit grew strongly and gained market share while the Assessment and Information business remained strong. Pearson said its strength in digital was helping it to grow its School Curriculum business despite weakness in state and local funding. Sales in International Education were up eight per cent in the nine months, due to growth in developed markets and assessment services. Professional Education also traded strongly, with sales up 17 per cent.A company spokesman warned the future remains uncertain, with demand in some markets particularly vulnerable to market conditions but added: “We continue to generate significant growth in digital and in developing markets, and to benefit from further efficiency gains.” Show Comments ▼ Tags: NULL Monday 25 October 2010 8:17 pm whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at Digital sales boost Pearson Sharelast_img read more