The Financial Times enjoyed annual advertising revenue growth of 19% in 1999 and saw its profits rise by 33% to £56 million, parent company Pearson has announced this morning. Announcing its preliminary results, Pearson said pre-tax profit across the whole company was up by 15% to £402 million for the year to 31 December 1999.
Pearson also today announced an agreement with internet service provider and portal company AOL. The two groups will provide the framework for the development of Pearson’s online educational portal, set for launch later in the year.
Pearson: 020 7411 2000
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