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March 10, 2003

Pearson Has a Good Year

Pearson reported total book publishing revenues -- from Pearson Education and the Penguin Group -- up by 5% in 2002, to $5.68 billion. While the education division saw a drop in sales in the US and UK, this was offset by strong gains in ELT in Europe and Asia, including Japan, Hong Kong and Singapore. The biggest sales growth was seen in the professional division, led by the testing firm NCS Pearson, which increased by 41%.

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