Pearson raises forecast thanks to booming US education business
The group today reported that pre-tax profits were £94m in the first half compared with a loss of £7m in the same period in 2009. Sales at the group climbed to £2.34bn from £2.14bn.
“The 2010 finish line isn’t yet in sight, but this is as good a start to our years as I’ve seen,” chief executive Marjorie Scardino said. “That boosts our confidence in the full year, enabling us to brighten our outlook and raise our guidance.”
