Pearson Share Price (PSON)

PSON - Pearson Investor Summary

Pearson Plc (PSON) is an inter media company with world leading businesses in education, business information and consumer publishing. Its businesses goals are to educate, entertain and inform. With 30,000 employees in 60 countries, its businesses resource a growing demand for knowledge and share a common aim of helping customers to live and learn. Listed on the London and New York stock exchanges, it is reported that in 2007 it had sales of £4, 218 million and an operating profit of £634 million with approximately 60% of its sales being generated in the US.

The education sector brings together world leaders in publishing, including the Financial Times Publishing, Penguin, Dorling Kindersley and Longman, whilst business information and media services are provided by the Financial Times Publishing Group. Pearson plc has shown remarkable growth from being the world's largest book publisher to providing a range of services, including testing education software, providing data for financial sectors and resourcing public information systems for government departments.

Share prices peaked at almost 700p in September 2008 but have since experienced a rocky ride with prices now being 625p (January 2009). It is expected that during 2009 Pearson's businesses will be resilient in the face of global economic conditions, due to the strength and breadth of their education sector.

Despite the erratic economic climate, Pearson reports that its businesses have either achieved or exceeded the company's guidance for 2008. The company witnessed good all round growth in its education businesses and especially with their testing businesses in US higher education and international education.

Pearson plc is clearly a company that embodies the notion that learning is a treasure that will follow its owner everywhere.