Pearson confident after completing restructuring

The U.K. publisher on Friday said it sees sales this year, excluding acquisitions and disposals, increasing for the first time in five years amid a recovery of its core educations markets, including the U.S. The company has also completed a two-year restructuring plan which has hit Pearson’s earnings but saved the business hundreds of millions of dollars. Pearson, which publishes the salmon-colored Financial Times newspaper, said its 2014 net profit fell to GBP470 million from GBP538 million the prior year.

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