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: recolétos :

   
 

: profile :

Recolétos (www.recoletos.es) is one of the leading media groups in the Iberian Peninsula. With our partners, our newspaper titles sell around 900,000 copies a day and we sell some 500,000 copies of our weekly/monthly magazines. We publish Spain’s leading financial and business publication, Expansión (www.expansiondirecto.com) and Europe’s bestselling sports newspaper, Marca (www.marca.es). We own a 30% stake – and play an active management role – in Unedisa, which publishes El Mundo (www.elmundo.com), one of Spain’s leading daily newspapers – and we own a 50% stake in Economica, which publishes Portugal’s leading daily financial and business newspaper. We have a 10% stake in the broadcaster, Antena 3. Our business television channel, Expansión Financiera, is broadcast from Madrid to Spanish and Latin American financial centres on the satellite digital platform, Via Digital, in which we have a 5% stake.

: performance :

Recolétos increased underlying sales by 7%. Profits increased by 13% to 34m. In addition to the strong performance of Expansión, profits were boosted by a 20% increase in advertising revenues at Marca, Europe’s leading sports newspaper. We retained our strong leadership of the Spanish sports newspaper market and transformed marca.es into Spain’s leading sports portal. El Mundo increased circulation and advertising revenues and built its own online presence. Its success means we own, or have a stake in, three of Spain’s ten most popular websites.

Performance

Newspaper Circulation

Antena 3 and Via Digital continued to increase subscribers and advertising revenues – and provide a platform for Expansión Financiera and a range of Pearson Television shows. And we stepped up the development of a range of internet and multimedia opportunities in the Spanish and Portuguese speaking worlds.

* Introduction
* Chairman's letter
* Chief executive's review
* The Pearson Goals
* Internet Goals
* The Results
* Financial Review
* Financial Policy
* Directors' Report
* Personnel Committee Report
* Pearson Education
* Penguin Group
* Financial Times Group
* Pearson Televison
* Recolétos
* Lazard
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Report to the Auditors to the Members of Pearson plc
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
* Notes to the accounts
 

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