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Media Contacts: |
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Stephen Kelly, CEO |
Harriet Keen, Financial Dynamics |
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Nick Bray, CFO |
Haya Chelhot, Financial Dynamics |
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+44 (0)1635 32646 |
+44 (0)20 7831 3113 |
MICRO FOCUS INTERNATIONAL plc TRADING UPDATE
-Hosting equity analyst and investor day-
LONDON , Feb. 2, 2007 - Ahead of its analyst and investor event today, Micro Focus International plc ("Micro Focus", "the Company", LSE: MCRO.L) announces an update on trading for the nine months to 31 January 2007.
At its interim results on 8 December 2006, the Company stated that full year revenue growth, excluding any benefit from HAL KS acquired on 3 November 2006, was expected to be in the range of 7% to 10% over the prior year. Based on performance across the business and with a slight currency benefit, management believes that revenue for the full year should meet or marginally exceed the top end of this guidance. HAL KS revenues for the six month period to 30 April 2007 are still expected to be in the range of $4.0m to $5.0m.
Stephen Kelly, Chief Executive, commented:
"I am encouraged by the progress made by Micro Focus since the interims, with growth driven by all revenue lines. We look forward to the outcome for the full year with confidence."
An equity analyst and investor day is being held today at the offices of Financial Dynamics. Presentations will be made by Micro Focus's management team focusing on the Company, its solutions and markets. No new material trading or financial information will be disclosed.
About Micro Focus
Micro Focus provides innovative software that helps companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization software enables customers' business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For more information please visit www.microfocus.com.
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