10th May 2012 07:00
10 May 2012
Micro Focus International plc
Pre-close Trading Update for the 12 months ended 30 April 2012
Micro Focus International plc ("Micro Focus" or the "Group", LSE: MCRO.L) expects to report results for the twelve months ended 30 April 2012 in line with previous guidance. Revenues are expected to be in line with current market consensus whilst Adjusted EBITDA will be towards the upper end of the range of analysts' expectations.
The Group's net debt position at 30 April 2012 was $115.6m (31 January 2012: US$156m) demonstrating further good operational cash generation during the period.
Preliminary results for the twelve months ended 30 April 2012 will be issued on 21 June 2012 and Micro Focus will host a technology investor day in the City of London on 10 July 2012.
Enquiries:
Micro Focus Tel: +44 (0)1635 32646
Kevin Loosemore, Executive Chairman
Mike Phillips, Chief Financial Officer
Tim Brill, IR Director
Powerscourt Tel: +44 (0)20 7250 1446
Giles Sanderson
Nick Dibden
Notes to editors:
About Micro Focus
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization, Management and Testing software enables customers' business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For additional information please visit www.microfocus.com
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