Micro Focus Expects To Beat 1st Half Revenue; Will Focus On Acquisitions
Posted by Mike on Wednesday, November 10, 2010
Micro Focus International PLC (MCRO.LN), a provider of enterprise application management solutions, Wednesday said it expected to achieve improved half-year revenue of $216 million and added that selective acquisitions will continue to be part of its growth strategy in future.
The Group’s Cobol Development, Modernization and Migration lines of business are expected to report revenues of $146 million which on a constant currency basis will show a year on year increase of 3.7%.
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