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Micro Focus International PLC (MCRO.L)

MCRO.L on London Stock Exchange

1,500.00GBp
19 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Micro Focus says CFO Mike Phillips to become director of M&A​
Monday, 8 Jan 2018 02:01am EST 

Jan 8 (Reuters) - Micro Focus International ::‍MIKE PHILLIPS, CURRENTLY CFO, WILL BE MOVING TO NEW ROLE OF DIRECTOR OF M&A​.‍APPOINTMENTS OF CHRIS KENNEDY AS CFO AND IAN FRASER AS CHIEF HUMAN RESOURCES OFFICER​.  Full Article

Micro Focus Inlt H1 revenue rises 80 pct after HPE deal
Monday, 8 Jan 2018 02:00am EST 

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​.  Full Article

Micro Focus Q3 revenue falls 3 percent
Wednesday, 6 Sep 2017 02:10am EDT 

Sept 6 (Reuters) - Micro Focus International Plc :Q3 revenue fell 3 percent to 718 million usd.Q3 operating profit 179 million usd.Q3 reported revenue was us$718m, down 3% year over year, down 2% when adjusted for divestitures and currency.Q3 licence revenue was up 2% on prior year period.Q3 reported operating profit of us$179m.Representing an improved operating margin of 24.9% (17.8% in prior year period).Currently anticipated that total adjusted revenue for hpe software business for 12 months ending 31 october 2017 will be in range of $2,890m to $2,960m.Reduction in adjusted revenue is driven by active reduction of less profitable professional services in sub-scale service lines and geographies.  Full Article

Micro Focus Int'l updates on share capital consolidation, return of value
Wednesday, 30 Aug 2017 02:01am EDT 

Aug 30 (Reuters) - Micro Focus International Plc :$500,000,000 RETURN OF VALUE WILL BE CONVERTED TO POUNDS STERLING AT EXCHANGE RATE OF $1.29490 TO £1.00.  Full Article

Micro Focus Intl full-year core earnings rise 4.2 pct
Wednesday, 12 Jul 2017 02:00am EDT 

July 12 (Reuters) - Micro Focus International Plc :Fy pretax profit 196.3 million usd versus 195.4 million usd year ago.Fy operating profit 293.4 million usd versus 294.9 million usd year ago.Fy adjusted underlying ebitda rose 4.2 percent to 640.9 million usd.Total dividend up 32.1 percent to 0.8806 usdper share.As promised, immediately prior to completion of hpe software transaction, we will declare a return of value of $500m, approximately $2.17 per share, to our existing shareholders.  Full Article

Micro Focus investors back deal to buy HPE software business
Friday, 26 May 2017 09:40am EDT 

May 26 (Reuters) - Micro Focus International Plc ::‍All of resolutions proposed at meeting were duly passed on a poll vote​.‍Shareholders voted to approve transaction whereby co has agreed to combine with Hewlett Packard Enterprise's software business segment.  Full Article

Micro focus announces board changes
Tuesday, 25 Apr 2017 02:00am EDT 

April 25 (Reuters) - Micro Focus International plc ::Effective May 15, Silke Scheiber and Darren Roos will join board as two of three independent non-executive directors nominated by HPE.Upon completion, John Schultz, executive VP and general counsel of HPE, will join board as non-executive director nominated by HPE.Chris Hsu, who will become ceo of Micro Focus upon completion, will join board.  Full Article

S.Africa's Competition Commission approves Micro Focus-Entco deal
Tuesday, 18 Apr 2017 08:27am EDT 

April 18 (Reuters) - Competition Commission of South Africa::Has approved, without conditions, proposed intermediate merger whereby Micro Focus International intends to acquire Entco Spinco Inc.  Full Article

Micro Focus in $5.5 bln syndication of new facilities
Friday, 31 Mar 2017 02:00am EDT 

Micro Focus International : Syndication of new facilities totalling $5.5bn .Syndication in relation to proposed merger with software business segment of Hewlett Packard Enterprise.  Full Article

Micro Focus sees FY revenue flat to down 2 pct
Friday, 24 Feb 2017 02:00am EST 

Micro Focus International Plc : HPE software Q1 revenue fell 8 percent to 721 million USD . HPE software Q1 operating profit 154 million USD .revenue guidance for financial year ending 30 april 2017 seen as a decline of 0% to minus 2% versus constant currency revenue for last year.  Full Article

UPDATE 1-Micro Focus nudges weak outlook higher, CFO quits for ITV

LONDON, Nov 5 Britain's Micro Focus International said it expected full-year revenue to come in towards the higher end of a weak outlook, as it announced the departure of its finance director after less than 12 months in the role.