Financial Times back in the black
The Financial Times, which is part of the international publishing group Pearson, rebounded last year after posting a loss in 2003.
The company, which is part of the international
The Financial Times, which is owned by Pearson, has
2003 recovered again last year. The business journal concluded
2005 with a pre-tax profit of EUR 2.9 million. The
newspaper thus contributed to the increase in Pearson's publishing profits by 23
percent to EUR 619 million before taxes. The increase in turnover
be limited to advertising for luxury goods and worldwide advertisements for
the business newspaper, writes the Media Guardian.
The Financial Times Deutschland is also reporting successes. Its circulation
increased by six percent, while the advertising volume in 2005 was
double-digit growth.
The Financial Times, which is owned by Pearson, has
2003 recovered again last year. The business journal concluded
2005 with a pre-tax profit of EUR 2.9 million. The
newspaper thus contributed to the increase in Pearson's publishing profits by 23
percent to EUR 619 million before taxes. The increase in turnover
be limited to advertising for luxury goods and worldwide advertisements for
the business newspaper, writes the Media Guardian.
The Financial Times Deutschland is also reporting successes. Its circulation
increased by six percent, while the advertising volume in 2005 was
double-digit growth.
