Pearson Sales Rise But Sees Lower Half-Year Profit

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By: Lilly Vitorovich | DOW JONES NEWSWIRES

LONDON (Dow Jones)--Pearson PLC (PSON.LN), the publisher of the Financial Times newspaper and Penguin books, Friday produced a healthy rise in first-quarter revenue, but warned profit will be down in the first half of 2012 due to seasonal effects and a loss of earnings following the sale of its stake in index and data service company FTSE International Ltd.

The U.K.-based company said it still expects sales and operating profit to grow over the full year as previously forecast.































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