Pearson Reports Strong First Half

Summary


Publishing group Pearson yesterday said the fortunes of Penguin books division were improving as it reported a strong first half.

Pearson said Penguin had made a solid start to 2005, with a very strong bestseller performance in the US and the UK. The group said sales at the book arm had lifted by five per cent in the six months to June 30, in line with expectations.

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Pearson Reports Strong First Half

It added that it expected further improvement in profits at its busines...

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