logo
Share SHARE
FONT-SIZE Plus   Neg

Pearson 2011 Statutory Pre-tax Profit Up - Quick Facts

Pearson Plc's (PSON.L,PSO) full-year 2011 statutory pre-tax profit advanced to 1.15 billion pounds from 670 million pounds in 2010, while profit attributable to equity holders of the company declining to 957 million pounds from prior year's 1.30 billion pounds.

Statutory earnings per share for the full year were 119.3 pence, considerably lower than 161.5 pence a year earlier. However, on an adjusted basis, earnings per share grew to 86.5 pence from 77.5 pence last year.

On a headline basis, sales on continuing operations totaled 5.86 billion pounds, a 4% increase from 5.66 billion pounds a year earlier. Sales, on an underlying basis, rose by 1% in 2011 versus 2010.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Anglo-Dutch oil giant Royal Dutch Shell plans to cut 2,200 more jobs, as the company continues to face lower oil prices, media reported Wednesday citing an emailed statement. The latest round of cuts would bring the total job cuts this year to at least 5,000 globally. In the U.K. and Ireland, the company plans to reduce staff working in exploration and production by 475. Tiffany & Co. (TIF) reported first-quarter net earnings of $87 million, or $0.69 per share compared to $105 million, or $0.81 per share, in the prior year. The company noted that its first-quarter results included a tax benefit of $0.05 per share related to the settlement of a tax examination. On average,... Shares of Marks & Spencer Group plc were losing around 8 percent in the early morning trading in London, after the retailer reported lower profit in its fiscal 2016, hurt mainly by weak results at clothing & Home segment and lower UK LFL sales. Looking ahead, the company warned about profit, and said it sees a similar sales trend in fiscal 2017.
comments powered by Disqus
Follow RTT