Financial Report Pearsons Plc
Table of Contents
Introduction to Pearson PLC Page 2-3
Corporate Governance Page 3-4
Strengths & Weaknesses Page 4-9
Analysis Page 10
Recommendation Page10-11
Bibliography Page 12
Financial Report for Pearson PLC
S. Pearson & Son was originally founded in 1844 as a building firm by Samuel Pearson. With time it became one of the world’s largest construction companies. Shortly after 1920, Pearson began purchasing local newspapers in the United Kingdom thus starting a chain of acquisitions that would gradually make Pearson PLC an International media and education company (Pearson PLC stock information, 2013). Chiefly the company operates in education, business information and consumer publishing markets.
According to Pearson’s mission statements, their goal is to become the world’s leading learning company. They plan on achieving this through various ways, namely Long-term organic investment in content, digital products and services businesses, international expansion and efficiency (Pearson, 2011). In the last 5 years, Pearson has invested over £4 billion into new education plans, authors for Penguin and elsewhere to further develop their content. Pearson is keenly aware on how technology is becoming more predominant in today’s society therefore they concentrate on providing new services and products with the help of technology. In 2011 alone, 33% of their total sales came from digital revenues. Currently Pearson is present in 70 countries and continues to focus on fast growing markets such as in China, India, Africa and Latin America. In order to achieve the three aims
Introduction to Pearson PLC Page 2-3
Corporate Governance Page 3-4
Strengths & Weaknesses Page 4-9
Analysis Page 10
Recommendation Page10-11
Bibliography Page 12
Financial Report for Pearson PLC
S. Pearson & Son was originally founded in 1844 as a building firm by Samuel Pearson. With time it became one of the world’s largest construction companies. Shortly after 1920, Pearson began purchasing local newspapers in the United Kingdom thus starting a chain of acquisitions that would gradually make Pearson PLC an International media and education company (Pearson PLC stock information, 2013). Chiefly the company operates in education, business information and consumer publishing markets.
According to Pearson’s mission statements, their goal is to become the world’s leading learning company. They plan on achieving this through various ways, namely Long-term organic investment in content, digital products and services businesses, international expansion and efficiency (Pearson, 2011). In the last 5 years, Pearson has invested over £4 billion into new education plans, authors for Penguin and elsewhere to further develop their content. Pearson is keenly aware on how technology is becoming more predominant in today’s society therefore they concentrate on providing new services and products with the help of technology. In 2011 alone, 33% of their total sales came from digital revenues. Currently Pearson is present in 70 countries and continues to focus on fast growing markets such as in China, India, Africa and Latin America. In order to achieve the three aims