logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT