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Pearson Education

Our world-leading education business

The FT Group

Our leading financial information business

The Penguin Group

Our world-famous consumer publishing business

Business
Highlights

Pearson Education

Pearson Education Sales 04 £2,356m / $4,524m 03 £2,451m / $4,706m 02 £2,756m / $5,292m 01 £2,604m / $5,000m 00 £2,090m / $4,013m Adjusted operating profit 04 £293m / $563m 03 £313m / $601m 02 £326m / $626m 01 £274m / $526m 00 £237m / $455m

The Financial Times Group

The Financial Times Group Sales 04 £777m / $1,492m 03 £757m / $1,453m 02 £726m / $1,394m 01 £801m / $1,538m 00 £844m / $1,620m Adjusted operating profit 04 £108m / $207m 03 £86m / $165m 02 £80m / $154m 01 £72m / $138m 00 £98m / $188m

The Penguin Group

The Penguin Group Sales 04 £786m / $1,509m 03 £840m / $1,613m 02 £838m / $1,609m 01 £820m / $1,574m 00 £755m / $1,450m Adjusted operating profit 04 £54m / $104m 03 £91m / $175m 02 £87m / $167m 01 £80m / $154m 00 £79m / $152m
Business Highlights
Pearson Education   2004
£m		 2004
$m		 2003
£m		 2003
$m		 Underlying
change %
Sales School 1,118 2,147 1,176 2,258 -
Higher Education 731 1,404 772 1,482 4
Professional 507 973 503 966 12
Total 2,356 4,524 2,451 4,706 4
Adjusted operating profit School 117 225 127 244 2
Higher Education 133 255 148 284 1
Professional 43 83 38 73 30
Total 293 563 313 601 5
 
The Financial Times Group
Sales Financial Times 208 399 203 390 3
Other FT publishing 110 211 112 215 5
IDC 269 517 273 524 3
Total continuing 587 1,127 588 1,129 3
Discontinued (Recoletos) 190 365 169 324 15
Total 777 1,492 757 1,453 6
Adjusted operating
profit/(loss)		 Financial Times (9) (17) (32) (62) 72
Other FT publishing 11 21 6 11 61
Associates and joint ventures 6 11 3 6 100
IDC 78 150 81 156 9
Total continuing 86 165 58 111 69
Discontinued (Recoletos) 22 42 28 54 (18)
Total 108 207 86 165 39
 
The Penguin Group
Sales Total 786 1,509 840 1,613 -
Adjusted operating profit Total 54 104 91 175 (24)

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