Half Year Results 

Micro Focus reiterates guidance

Micro Focus reiterates guidance

For management at Micro Focus (MCRO), the half-year to April 2019 was a period of “steady progress”. A glance at the income statement might lead some to question this description. But the software group’s rate of top-line decline (down 5.3 per cent at constant currencies) was in keeping with its full-year guidance – which it has reiterated – of minus 4 per cent to minus 6 per cent.

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