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Pearson said it expects higher savings from its cost cuts

Pearson sees cost cuts bearing fruit

UK education publisher Pearson said today it expects higher savings from cost cuts as it goes through a major restructuring to focus on and ramp up digital content.

Business • 16 Jan 19

Pearson sold the Financial Times newspaper to Japan's Nikkei in 2015 to focus on its education business

Pearson sells Financial Times building to M&G

British education publisher Pearson is selling its property at One Southwark Bridge in London, the current home of the Financial Times newspaper, to M&G Real Estate for £115m, it said today.

Business • 14 Nov 18

Pearson i rebuilding as a digital learning company after major pressures in its US higher education division

Pearson set for return to profit growth

British education company Pearson said it was on track to return to profit growth in 2018 despite pressures in its US higher education textbook business wiping out earlier sales gains.

Business • 17 Oct 18

Education publisher Pearson said its transformation to a digital provider was taking shape

Pearson pursues return to growth with digital courses

UK education publisher Pearson said it was on track to return to underlying profit growth this year after demand for digital course material in the US helped it report slightly better-than-expected first-half results.

Business • 27 Jul 18

Pearson CEO John Fallon said the company expected to report its first rise in profit for six years in 2018

Pearson on track after first-quarter revenue edges up

British education publishing company Pearson said it was on track to return to underlying profit growth this year after revenue rose 1% in the first quarter.

Business • 04 May 18

Pearson has already sold a stake in book publisher Penguin Random House

Pearson sees brighter future with 'Spotify' approach

Pearson said it expects its underlying profit to increase for the first time in six years in 2018 after rebuilding its business for students of the "Spotify generation" who want to rent rather than buy books.

Business • 23 Feb 18

Pearson has cut thousands of jobs and launched a rental and online business following a string of profit warnings

Pearson's restructuring to support underlying growth

Pearson said plans to cut staff and sell assets would help the education group eke out underlying growth in 2018 while its North American business continued to weigh on performance.

Business • 17 Jan 18

Pearson had issued a string of profit warnings and cut thousands of jobs due to the shift to digital from paper textbooks

Education group Pearson nudges profit forecast higher

Pearson expects full-year operating profit in the top half of its forecast range, in the first positive trading news for the British education group in recent years.

Business • 17 Oct 17

Pearson will retain around 25% in the Penguin Random House book publisher

Pearson sells 22% stake in Penguin Random House

Pearson is set to raise $1 billion from the sale of a 22% stake in book publisher Penguin Random House to majority owner Bertelsmann.

Business • 11 Jul 17

Pearson said its first-quarter trading had been in line with guidance

Pearson launches new cost-cutting drive

Pearson, the global education company battling a downturn in its biggest markets, said it would cut more costs and consider selling its US school courseware business in the latest attempt to restructure.

Business • 05 May 17

Publisher Pearson may sell its stake in Penguin Random House

Pearson cuts dividend to battle US markets slump

Pearson cut its profit outlook for the next two years, lowered its 2017 dividend and said it may sell its stake in Penguin Random House to help it battle the "unprecedented" changes hitting key markets.

Business • 18 Jan 17

Pearson is the world's biggest education company

Cost cuts help Pearson to reiterate targets

Pearson, the world's biggest education company, today reiterated its full-year outlook after cost cuts helped it counter worse-than-expected trading in the third quarter.

Business • 17 Oct 16

Pearson sold the Financial Times and its stake in the Economist last year

Pearson first quarter sales fall on US losses

Pearson, the British education company struggling to cope with a downturn in its biggest markets, reported a 4% fall in first-quarter underlying sales.

Business • 29 Apr 16

Education publisher Pearson has announced a string of earnings downgrades in recent years

Pearson to cut 4,000 jobs due to weak earnings

Education publisher Pearson plans to cut 10% of its workforce, cap the dividend and restructure yet again after predicting weak earnings for 2015 and 2016.

Business • 21 Jan 16

Pearson disposed of the Financial Times newspaper in July

Pearson sees 2015 earnings at lower end of range

Pearson said it expected earnings to be at the bottom end of its range due to lower enrolments at some colleges in the US and lower school text book purchases in some parts of South Africa.

Business • 21 Oct 15

Pearson's sales for the year were flat on an underlying basis at £4.9 billion

Pearson posts 5% rise in 2014 profits

British publisher Pearson reported an as expected 5% rise in 2014 underlying adjusted operating profit.

Business • 27 Feb 15

Pearson has improved the profitability of the Financial Times Group

Pearson expecting good growth this year

Pearson said it expected its 2015 earnings to rise after solid growth in its North American higher education unit helped it bring an end to a turbulent two-year period.

Business • 21 Jan 15

Pearson's sales down 6% in the first nine months of this year

Pearson reports sliding sales on currency factors

Pearson, owner of the Financial Times newspaper, suffered a fall in sales in the first nine months of the year, hit by adverse currency factors.

Business • 24 Oct 14

Pearson's headline sales fall 6% in the first quarter due to currency impact

Pearson reports "solid" start to the year

Education group Pearson said it made a "solid" start to the year, despite currency headwinds.

Business • 25 Apr 14

Pearson had warned in January that its 2013 earnings would be lower than expected due to higher restructuring costs

Pearson warns that 2014 earnings will fall

British publisher Pearson said it expected 2014 earnings to fall, after publishing full-year results within the range of already downgraded forecasts.

Business • 28 Feb 14

Financial Times owner Pearson sees higher restructuring costs

Pearson warns on earnings hit from weak US demand

Pearson today warned that its 2013 earnings per share would be lower than expected due to higher restructuring costs.

Business • 23 Jan 14

FT owner Pearson to start £150m sterling restructuring plan

Pearson predicts flat earnings in 2013

British education and media group Pearson said it expects this year's earnings to be flat on 2012.

Business • 25 Feb 13

The Financial Times will add ten digital jobs as it switches its focus

Financial Times to serve 'digital platform first'

The Financial Times (FT) plans to cut around 25 jobs as part of a plan to restructure the group to reduce costs and focus primarily on its digital services, its editor has said.

News • 22 Jan 13

FT publisher Pearson reports weak trading in the key fourth quarter selling season

Pearson warns of another tough year

British education and media group Pearson warned today that it expects tough market conditions to continue in 2013 after a weak fourth-quarter hit earnings last year.

Business • 21 Jan 13

Financial Times' German offshoot to close

The publisher of the Financial Times' German offshoot has said production will be stopped shortly and some 320 employees will lose their jobs.

Business • 23 Nov 12