17th Jan 2006 07:01
Pearson PLC17 January 2006 17 January 2006 Trading update Pearson is today providing a regular trading update ahead of our 2005preliminary results announcement on 27 February 2006. Pearson traded strongly through the end of 2005, in line with our expectations.Our education business maintained its strong performance in School, HigherEducation, Professional and international markets; Penguin's fourth-quarterfrontlist performed well; the Financial Times sustained its advertising revenuegrowth and will reach breakeven; and IDC expects to report its best year ever. Pearson is therefore on track to report significant underlying growth in sales,adjusted earnings per share, free cash flow and return on invested capital. We also continue to expect 2006 to be another good year for Pearson, withfurther progress on our overall financial goals and in all our major businesses. Ends For more information: Luke Swanson/Deborah Lincoln + 44 (0)207 010 2310 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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