Earnings: FT In $9.3 Million Profits; FT.com Has 86K Subs
By Rafat Ali - Mon 31 Jul 2006 02:09 PM PST
The Financial Times has made a $9.34 million profit in the first half of the year, reversing a $3.74 million loss in the first half last year, parent company Pearson announced in earnings today. Sales at the Financial Times increased 10% to $222.26 million. On online, FT.com had 86,000 subscribers in June, a rise of 11% on the same month last year.
Circulation of the Economist, half-owned by Pearson, rose 9%, up to 1.096m for July to December.
More details on Pearson’s earnings in this dollar-denominated release here.
Posted in: Companies, FT.com, Countries, UK & Europe
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