Arab Today, arab today british publisher pearson h1 profit drops by 45
Last Updated : GMT 05:07:49
Arab Today, arab today
Arab Today, arab today

British publisher Pearson H1 profit drops by 45%

Arab Today, arab today

Arab Today, arab today British publisher Pearson H1 profit drops by 45%

British publisher
London - XINHUA

Pearson Plc, the publisher of the Financial Times, Friday announced that the group's adjusted operating profit for the first half of 2014 was 75 million pounds, around 45 percent lower than the 137 million pounds of the same period a year earlier.
In the fist six months this year, Pearson reported sales of 2,047 million pounds, which was seven percent lower than the 2,190 million pounds a year earlier, data showed.
Adjusted earnings per share was 4.7 pence, or 0.047 pounds, for the first half, less than a half of the 9.9 pence in the first half of 2013, figures showed.
The London-based publisher also said it will have cut a total of around 4,000 jobs in the two years through 2014. Around 3,300 of that were removed in 2013. However, the job cuts will be partly offset by the creation of 1,800 jobs in the two years period as the group expands digital and emerging-market operations.
"We are continuing the major restructuring and product investment programme, initiated in 2013, designed to accelerate Pearson's shift towards significant growth opportunities in digital, services and fast-growing economies," said Pearson in a statement.
John Fallon, CEO of Pearson, noted that Pearson positions it as "a global learning services company", and it is "making better learning outcomes more accessible for far more people around the world. This will drive a leaner, more cash generative, faster growing business from 2015." (1 pound = 1.70 U.S. dollars)

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british publisher pearson h1 profit drops by 45 Arab Today, arab today british publisher pearson h1 profit drops by 45

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british publisher pearson h1 profit drops by 45 Arab Today, arab today british publisher pearson h1 profit drops by 45

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Media: صحافة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday