Market Overview

Pearson Posts H1 Loss

Share:

Pearson PLC (NYSE: PSO) posted a loss in the first half.

Pearson posted a net loss of GBP8 million in the period, versus a year-ago profit of GBP36 million.

Its sales increased 8% to GBP2.8 billion, while adjusted operating profit declined 26% to GBP137 million.

Pearson also declared an interim dividend of 16 pence per share.

Pearson shares closed at $19.40 yesterday.

Posted-In: lossEarnings News

 

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