12th Feb 2008 07:00
Micro Focus International plc12 February 2008 Embargoed for 7.00am, Tuesday 12 February 2008 Q3 Interim Management Statement Micro Focus International plc ("Micro Focus" or "the Group", LSE: MCRO.L), theEnterprise Application management and modernisation software company, providesan Interim Management Statement for the three month period to 31 January 2008. Following a strong third quarter, Micro Focus is confident that prior revenueguidance for the second half will be modestly exceeded. Second half yearrevenues are now expected to marginally exceed first half year revenues. At theinterim results for the six months to 31 October 2007, the Group providedguidance that second half-year revenues were expected to be broadly similar tothose of the first half (1H08: £108.9m). In line with previous guidance, EBITDA margins are expected to be maintained ata consistent level in the second half (1H08: 38.4%). Stephen Kelly, Chief Executive Officer of Micro Focus International plc,commented: "We are encouraged by the progress made across the Group in our third quarter oftrading in which we achieved strong revenue growth compared to the prior year.Margins are broadly consistent with those of the first half year. Excluding thebeneficial impact of exchange rate movements, we are confident of achievingdouble digit organic growth from the core business in the full year to April2008." Enquiries: Micro Focus Tel: +44 (0)1635 32646Stephen Kelly, Chief ExecutiveNick Bray, Chief Financial Officer Financial Dynamics Tel: +44 (0)20 7831 3113Harriet KeenHaya Chelhot Notes to editors: About Micro Focus Micro Focus, a member of the FTSE 250, provides innovative software that allowscompanies to dramatically improve the business value of their enterpriseapplications. Micro Focus Enterprise Application Modernization and Managementsoftware enables customers' business applications to respond rapidly to marketchanges and embrace modern architectures with reduced cost and risk. Foradditional information please visit www.microfocus.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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