Steve Dowling President Pearson School Companies Goldman Sachs
- Slides: 9
Steve Dowling President, Pearson School Companies Goldman Sachs Educational Publishing Mini-Conference March 22, 2005
Our businesses Pearson 2004 revenues $7. 2 bn School 2004 revenues $2. 1 bn FT 16% US Publishing 46% Penguin 21% School 30% US Testing & Software 23% Professional 14% Higher Ed 19% International 31% Note: sterling revenue are translated into US dollars at the year end rate of £ 1 : $1. 92
Broad strength in K-12 • #1 in 2003 and 2004 new state adoption business • Broad supplemental business with print and technology • Leader in high-stakes state assessments • Technologies critical to improving student performance • for Extensive service and support infrastructure integrated learning solutions
K-12 is a growth market · National priority — supported with steady and increasing funding legislation · Standards movement drives use of materials and assessment · State funding and adoption are favorable · Demand for “highly-qualified” teachers · Technology use in K-12 has reached the“tipping point” · Our products and services provide a safety net for student achievement and Adequate Yearly Progress
Healthy adoption opportunities 2005 -2007 $m 2004 2005 E Reading/literature Math Science 100 300 50 100 110 100 Social studies Other Total Pearson participation 10 40 500 90% 210 380 900 75% 2006 E 2007 E 170 40 170 160 220 170 130 70 70 620 750 90%+
Integrated solutions to improve student performance · Accountability and alignment · Planning and implementation · Research and evaluation · Teacher professional development · District professional services
International education Education revenues outside the US Note: Mc. Graw-Hill and Thomson show $ revenues for 2003 & 2004 respectively, as reported. Pearson and Reed show £ revenues translated into $ at year end rate of £ 1: $1. 92.
International Leadership • #1 in global English Language training • Leading school publisher in Hong Kong, South Africa, Canada, Singapore; local school publisher in 10 other countries • Leading school test publisher in UK; growing in Australia • Strong in Asia, largest ELT market • Leverage global resources
- Goldman sachs partner bonus
- Goldman sachs veterans integration program
- Goldman sachs darkpool
- Goldman sachs risk management framework
- Goldman sachs organizational structure
- Goldman sachs icon
- Credit risk management and advisory goldman sachs
- Goldman sachs
- Goldman sachs the culture of success
- Stacy eastland goldman sachs