Pearson has announced adjusted operating profit growth of 8% in the past year, despite revenue dropping by 9%, according to its 2018 preliminary financial results.
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Pearson is selling its US K12 public schools courseware business to private equity group Nexus Capital Management in a deal worth $250m (£193m).
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Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update... Read more
Amazon is tackling sales of counterfeit textbooks on its US site after suspending the accounts of booksellers allegedly selling counterfeit books in a major online sting.... Read more
Pearson has reported flat revenue in its nine-month trading update but that the company is "on track" to deliver underlying profit growth in 2018.... Read more
Pearson has reinforced guidance that it expects to return to underlying profit growth in 2018 after posting underlying revenue growth of 2% and adjusted operating profit up 46% year-on-year for the... Read more
