Tough markets see Pearson revenue, earnings down

LONDON (ShareCast) – (ShareCast News) – Sales at publisher Pearson (Xetra: 858266 – news) declined 2% in underlying terms during the 2015 calendar year to £4.47bn, according to its preliminary results on Friday.The company cited good growth in Pearson VUE, Connections and Wall Street English in China, but that was more than offset by declines in the US Higher Education, UK Qualifications and South Africa sectors.Pearson made an adjusted operating profit – also down