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Details from Pearson PLC's annual general meeting on 12 May 2000, showcasing a significant increase in sales, operating profit, pre-tax profit, cash flow, and earnings. The company outperformed the market, expanding its media presence in various countries with a vast range of radio and TV channels, attracting millions of viewers daily. Key partnerships and financial statistics signify Pearson as a powerhouse in the global media sector.
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Pearson plc Annual General Meeting 12 May 2000
Pearson plc Annual General Meeting 12 May 2000
up 39% Sales up 41% Operating profit up 15% Pre-tax profit
Strong underlying sales up 7.3%
Better margins 15.2%
Growing earnings 53.3p
Record dividends 22.5p
Pearson 199% 87% 62% 59% FTSE All Share FTSE 100 UK Media Sector Outperforming the market1997 to date
11 countries 18 radio stations 22 TV channels 25 million listeners every day 120 million viewers every day
160 productions in 35 countries 10,000+ hours of new programmes yearly Library of 20,000+ hours of programmes 250 million viewers worldwide every month
A real powerhouse 3.8 New group 3.3 Canal+ KirchMedia 3.1 2.5 BSkyB Granada 1.6 1.4 Carlton Media UN&M - B&E 0.9 EndeMol 0.4 Turnover 1999 (est.) in € billion
Circulation & advertising growth FT Expansion Les Echos April 1999 April 2000