Penguin Finishes Well Full-year sales at Penguin rose 44 million pounds, for “underlying growth” of 3 percent, to 848 million pounds, or $1.664 billion. (The group’s total was lifted by the transfer of the Brady Games video game imprint into DK from Pearson’s professional publishing unit, and the acquisition of the Index direct-sales business.) Operating profit rose 6 million pounds, to 66 million pounds overall, or $130 million, though this was calculated as 22 percent growth in “underlying” profits. Penguin gets about half of its profits from the US, where profits in dollars rose nicely, but that effect is diluted […]
