The company reported sales of £1.97 billion in the six months to the end of June. Adjusted operating profit was £124 million, up 38% year on year.
The FT Group saw sales grow 11% while profits were up 21%, helped by a 20% increase in circulation revenues following a rise in the FT‘s cover price to £1.50.
Pearson said in a statement: “In spite of the macroeconomic conditions, we are on track to make further progress on our financial goals and our strong trading performance has increased our confidence in the full-year outlook.
“We have leadership positions in good markets and an effective growth strategy based on quality content, digital innovation and international expansion. That strategy makes us confident that 2008 will be another record year, and that we will continue to grow.”
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