British publisher Pearson, which owns the Financial Times, has said its underlying sales rose by 6% in the first nine months of this year compared with a year earlier. In a trading statement, it said operating profits were 20% higher.
It said all of its businesses were trading in line with or ahead of expectations before the important final quarter of the year.
Pearson said advertising was strong at its Financial Times business, up 9% in the first nine months. It said sales were up 8% as the newspaper and website continued to build their audiences through recent financial market volatility.
