Pre-tax profits for the whole group rose from £14 million a year ago to £40 million.
The FT reported a 12% rise in subscriptions and FT.com subscribers were also up 12%, to 97,000.
The company’s education arm made a first half profit of £5 million whilst at Penguin books profits were up 11%.
Marjorie Scardino, chief executive, said: “Our half-year results are always just a hint of our potential for the year, but certainly a strong hint this year. The Financial Times group is showing the value of its unique strategy; Penguin’s publishing and profit are both solid and promising, as is its approach to change in publishing; and in education we continue to set the pace as we use technology to personalise learning.
“Our investments in content, technology, international expansion and efficiency have put us in a position to lead, and we’re leading. While our markets are changing fast, we are continuing to innovate to stay ahead of that change. That dynamic strategy will make 2007 another good year, and makes this quality of performance sustainable.”
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