Profits Fall at Penguin On Flat Sales, Rising Digital

by on February 25, 2013 in Earnings Reports, Publishers

Pearson reported full-year 2012 results in Monday morning in London, with Penguin's adjusted operating profit falling by £13 million (12 percent on an actual basis, and 14 percent on a comparative underlying basis) to £98 million for the year. Actual operating profit was £32 million lower, however, due to "costs…

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