Pearson Says PRH Sales Up Slightly

In its year-end financial report, Pearson, which has a 25% stake in Penguin Random House, said 2017 sales rose slightly over 2016, led by higher audio sales and stable print sales. Following the disposal of a 22% stake on October 5, 2017, Pearson owns 25% of Penguin Random House. "In Penguin Random House, we anticipate a broadly level publishing performance and expect an annual after-tax contribution of around £60-65m to our adjusted operating profit," the company added.

X
Stay ahead with
Tip Sheet!
Free newsletter: the hottest new books, features and more
X
X
Email Address

Password

Log In Forgot Password

Premium online access is only available to PW subscribers. If you have an active subscription and need to set up or change your password, please click here.

New to PW? To set up immediate access, click here.

NOTE: If you had a previous PW subscription, click here to reactivate your immediate access. PW site license members have access to PW’s subscriber-only website content. If working at an office location and you are not "logged in", simply close and relaunch your preferred browser. For off-site access, click here. To find out more about PW’s site license subscription options, please email Mike Popalardo at: mike@nextstepsmarketing.com.

To subscribe: click here.