3rd May 2006 07:00
Micro Focus International plc03 May 2006 3 May 2006: embargoed for 7.00am Micro Focus International plc Period end trading update Micro Focus International plc ("Micro Focus", "the Company" LSE: MCRO.L)announces an update on trading for the year to 30 April 2006. On 23 February2006, the Company stated that it was unlikely that total revenue for the year to30 April 2006 would exceed $140m. Having reached the period end, the Board nowconsiders that revenue for the year will marginally exceed $140m. The increase in revenue, as compared to earlier expectations, together withearly benefits seen from the cost reduction programme announced on 6 April 2006,are expected to have a direct positive impact at the EBITDA level for the yearto 30 April 2006. Kevin Loosemore, Non-Executive Chairman, commented: "I am encouraged by the progress made by Micro Focus since the last tradingupdate. Revenues for the 2006 financial year are marginally ahead of ourexpectations, the cost reduction programme continues to be implemented with someearly benefits being seen, and our new CEO, Stephen Kelly, has recently joinedthe Company." Micro Focus will report its preliminary results for the year to 30 April 2006 inlate June 2006. Enquiries: Micro Focus Tel: +44 (0)1635 32646Kevin Loosemore, ChairmanStephen Kelly, Chief ExecutiveNick Bray, Chief Financial Officer Financial Dynamics Tel: +44 (0)20 7831 3113Giles Sanderson Harriet Keen This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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