Education

  • North American Education
  • North American Education part 2
  • International Education
  • International Education part 2
  • Professional Education

North American Education key performance indicators

North American Education is Pearson’s largest business, with 2012 sales of £2.7bn and operating profit of £536m.

SALES £m. 2012: 2,658; 2011: 2,584; Headline growth: 3%; CER growth: 2%; Underlying growth: (4)%. ADJUSTED OPERATING PROFIT £m. 2012: 536; 2011: 493; Headline growth: 9%; CER growth: 8%; Underlying growth: 3%

North American Education highlights of 2012

In 2012, our strength in digital and services businesses and tight cost control enabled us to perform ahead of our more traditional print publishing markets.

 
TOTAL NUMBER OF MYLABS REGISTRATIONS. 2012: 9.9m, 2011: 8.9m

Total number of Mylabs registrations

Registrations

International Education key performance indicators

Our businesses in emerging markets continued to perform strongly, supported by good enrolment trends and sustained investment.

SALES £m. 2012: 1,568; 2011: 1,424; Headline growth: 10%; CER growth: 13%; Underlying growth: 7%. ADJUSTED OPERATING PROFIT £m. 2012: 216; 2011: 196; Headline growth: 10%; CER growth: 16%; Underlying growth: 11%

International Education highlights of 2012

In China, student enrolments at Wall Street English increased 15% to almost 61,000, boosted by good underlying demand and the launch of ten new centres taking the total to 66. Our students rapidly acquire high-level English skills with average grade levels achieved rising by 8% during 2012.

Wall Street English

Student enrolments in China

WALL STREET ENGLISH. 2012: 61,000; 2011: 53,000

Professional Education key performance indicators

Our Professional Education business is focused on publishing, training, testing and certification for professionals.

The weakness in our UK training business, Pearson in Practice, had a significant negative impact on our 2012 performance and resulted in our decision to exit the business. Other parts of the Professional division performed well.

SALES £m. 2012: 390; 2011: 382; Headline growth: 2%; CER growth: 2%; Underlying growth: (9)%. ADJUSTED OPERATING PROFIT £m. 2012: 37; 2011: 66; Headline growth: (44)%; CER growth: (44)%; Underlying growth: (54)%