Penguin Results Decline In First Half, With Profits Cut In Half

by on July 27, 2012 in Earnings Reports, Publishers

Penguin's parent company Pearson reported results for the first half of the year on Friday morning, with Penguin the only unit that declined in the period. Sales of £441 million were down £16 million from a year ago (4%), and operating profit suffered more, at £22 million down from £42…

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