Penguin has best-ever year as Pearson profits leap

Written By: Charlotte Williams Publication Date: Mon, 28/02/2011 - 09:42 Penguin UK had its best ever year in 2010 as parent company Pearson reported a profits increase of 21% to £857m. For the year ending 31st December, sales at Pearson were £5.66bn, up 10% on 2009. Sales at Penguin were £1.05bn, up 5% on the previous year. Adjusted operating profit was up 26% to £106m. Pearson attributed this to an "outstanding" US performance, driven by a record number of bestsellers, increased market share and expansion in emerging digital platforms and formats. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-02-28 00:00:00 UTC ]

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OverDrive: Record Number of Libraries Hit One Million Digital Lends in 2023

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OverDrive: Record Number of Libraries Surpassed One Million Digital Lends in 2022

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OverDrive: Record Number of Libraries Hit Million Digital Lend Mark

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McLean wins £20k Kindle Storyteller Award

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4thWrite short story prize reveals ‘engaging and provocative’ 2021 shortlist

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