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December 2018 edition


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Pearson is the world's largest education company with revenue of £4,390m (approx. $7bn) in 2011. The company operates in the US (its largest market), the UK and in other developed and developing countries. Revenue from developing markets accounted for 13% of Pearson's education revenue in 2011. In 2011, Pearson spent over $1,100m acquiring education companies in the US, UK, China, India and Germany.

THREE YEAR FINANCIALS

Pearson Education

 

 

 

Year ended 31 December

2011

2010

2009

 

£m

£m

£m

North American Education

 

 

 

Sales

2,584

2,640

2,470

Adjusted operating profit

493

469

403

Margin

19.1%

17.8%

16.3%

International Education

 

 

 

Sales

1,424

1,234

1,035

Adjusted operating profit

196

171

141

Margin

13.8%

13.9%

13.6%

Professional Education

 

 

 

Sales

382

333

275

Adjusted operating profit

66

51

43

Margin

17.3%

15.3%

15.6%

Total Pearson Education

 

 

 

Sales

4,390

4,207

3,780

Adjusted operating profit

755

691

587

Margin

17.2%

16.4%

15.5%

Sales growth

4.3%

11.3%

21.5%

Adj operating profit growth

9.3%

17.7%

23.8%


Pearson plc's CEO is Marjorie Scardino. Appointed CEO of Pearson in 1997, Marjorie Scardino is responsible for turning around a 1970s conglomerate into the world's number one education company. In this clip she talks about Pearson's Always Learning strategy.




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