The figures were revealed in parent company Pearson’s interim results, with the publisher saying that the
Financial Times is continuing to show good momentum.
Sales were up 10% to £119 million and profit improved to £5 million compared to a loss of £2 million in the first half of 2005.
The paper’s average circulation was 447,000 for the first six months of the year, up 5%; while there were 86,000 subscribers to FT.com in June, up 11% on the same period last year.
Marjorie Scardino, chief executive of Pearson, said: “These results provide further evidence of the quality and potential of our business. All parts of Pearson are making strong progress, and our steady investment in new content and services is paying off with sustained organic growth, market share gains and margin improvement. We remain confident that 2006 will be another good year for Pearson both in competitive and financial terms.”
Related Links
