Pearson - 2010 Preliminary Results Interview With CEO and CFOBy Pearson Plc, PRNE
Sunday, February 27, 2011
LONDON, February 28, 2011 - Pearson, the world's leading learning company, has unveiled full-year
results confirming record results with earnings up 19% and operating cash
flow surpassing the GBP1 billion mark.
Speaking to online financial broadcaster www.cantos.com, Chief
Executive Marjorie Scardino attributed the strong performance to digital and
emerging market strategies as well as the business mix stating that Pearson
is now "far more resilient and far stronger with fundamentally different
In the same interview Chief Financial Officer Robin Freestone said all
the financial performance indicators were going in the right direction,
stating that the company would seek to use its strong cash position to
continue to provide organic investment, make bolt-on acquisitions and
increase the dividend.
As to the outlook, Marjorie Scardino added:
"Our goal has been to keep moving up every year, and that's our goal for
However she cautioned that the economic environment was variable.
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Tags: February 28, London, Pearson Plc, United Kingdom