Financial Times owner Pearson has announced profits which came in above forecasts, saying it was confident about 2008. But it trimmed its revenue growth outlook in some areas.
The company's adjusted 2007 pre-tax profit increased to £549m from £502m a year earlier, while revenue rose to £4.22 billion from £4.05 billion.
The company said group operating profit rose 14% to £634m, with the corresponding gains in education, Penguin and the FT Group at 9%, 20% and 30% respectively.
