Pearson (LON:PSON) published their half yearly report this morning, showing consistent growth.
Sales were up 1% to £2.2bn,with strong growth in North America, Brazil and China. Operating profit down 4% from £73bn to £72bn and its divedend was raised by 6% to 18p.
The company are trading up 3.24% this morning, following on from yesterday’s news of a sale of its Financial Times newspaper to Nikkei Group for £844m.
John Fallon, chief executive said:
“Overall, we’re competing well, enabling us to reaffirm our full year guidance and increase the interim dividend. The new education products and services we’re developing which will enable far more people of all ages to discover the joy of learning and progress in their careers. We believe the returns on the signific”.
Looking forward the company have a positive outlook, expecting the UK market to stabilize as well as strong growth in China and North America.
