Pearson says digital will drive growth in 2012

REUTERS
Feb. 27

Britain’s Pearson reported a 12 percent jump in earnings helped by demand for its education products in emerging markets, and forecast more growth in 2012 when digital revenue would beat traditional publishing sales for the first time. The owner of the world’s biggest education technology business, the Financial Times and Penguin books, reported adjusted earnings per share of 86.5 pence, beating guidance it raised in January. Sales in 2011 rose 6 percent at constant exchange rates to 5.86 billion pounds, it said on Monday.

http://uk.reuters.com/article/2012/02/27/uk-pearson-idUKTRE81Q0NH20120227