Penguin Hits their Modest Targets Pearson turned in a good first half of fiscal 2006, lifted largely by its big education unit, and Penguin Group delivered the small underlying sales growth and improved profits exactly as projected six months ago. Penguin’s pattern has been to congratulate itself heartily when sales grow one to two percent, and their 387 million pounds for this reporting period provides just that — “underlying growth” of two percent compared to a year ago. Total sales grew more, up from 353 million pounds last year, due to the transfer of the Brady Games video game imprint […]
