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Micro Focus Inlt H1 revenue rises 80 pct after HPE deal


Monday, 8 Jan 2018 

Jan 8 (Reuters) - Micro Focus International Plc ::‍​.‍REPORTED REVENUES IN SIX MONTHS TO 31 OCTOBER 2017 WERE $1,234.5M, $549.8M (80.3%) HIGHER THAN PRIOR PERIOD REPORTED REVENUES ($684.7M), WITH HPE SOFTWARE CONTRIBUTING $569.8M AND $664.7M COMING FROM EXISTING MICRO FOCUS AND SUSE PRODUCT PORTFOLIOS​.HALF YEAR REVENUE ROSE 80.7 PERCENT TO 1.235 BILLION USD.HALF YEAR PRETAX PROFIT 145.7 MILLION USD.HALF YEAR OPERATING PROFIT 220 MILLION USD.INTERIM DIVIDEND UP 16.4 PERCENT TO 0.346 USDPER SHARE.‍ON A CCY BASIS EXISTING MICRO FOCUS DECLINED BY 2.7% (2016: CCY $683.0M)​.‍PROFIT FOR PERIOD INCREASED BY $16.0M TO $106.6M (2016: $90.6M)​.‍WE ANTICIPATE REVENUES FOR GROUP FOR TWELVE MONTHS ENDING 31 OCTOBER 2018 WILL DECLINE BY 2% TO 4% WHEN COMPARED TO PRO-FORMA REVENUES FOR 12 MONTHS ENDED 31 OCTOBER 2017 OF $4,226.7M​. 

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