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Pearson Education - Overview

Pearson Education: overview

* Underlying growth

Pearson Education is the world’s largest publisher of textbooks and online teaching materials. It serves the growing demands of teachers, students, parents and professionals throughout the world for stimulating and effective education programmes, in print and online.

In 2007 Pearson Education had sales of 2,684m or 64% of Pearson’s total. Of these, 1.9bn (70%) were generated in North America and 0.8bn (30%) in the rest of the world. Pearson Education generated 64% of Pearson’s operating profit.

Pearson Education competes with other publishers and creators of educational materials and services. These competitors include large international companies, such as McGraw-Hill and Houghton Mifflin Harcourt, alongside smaller niche players that specialise in a particular academic discipline or focus on a learning technology. Competition is based on the ability to deliver quality products and services that address the specified curriculum needs and appeal to the school boards, educators and government officials making purchasing decisions.

We report Pearson Education’s performance by the three worldwide market segments it serves: School, Higher Education and Professional.

 

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