Pearson Results Confirm Market Share Gains - Interview with CEO and CFO

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Mar 01, 2010, 03:37 ET

LONDON, March 1, 2010 /PRNewswire-FirstCall/ -- The educational publishing and media company Pearson today unveiled its 2009 preliminary results. Watch the CEO and CFO video interview on http://www.cantos.com/company/pearson.

Pearson's Chief Executive Marjorie Scardino said that 2009 "was a very good year" in spite of the tough economic environment and highlighted its competitive performance that saw market share gains across most of the company.

She said almost a third of revenues across its Education, Penguin and FT Group businesses were now derived from digital income streams and its exposure to newly emerging markets had become an important growth driver for the business.

The group recorded operating profit of GBP858m and an EPS of 65.4p.

Commenting on the results CFO Robin Freestone said the 5% rise in the dividend reflected the confidence they had for the business in 2010.

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SOURCE Pearson