Micro Focus - Watch CFO Discuss Interim Results
By Micro Focus, PRNETuesday, December 8, 2009
LONDON, December 9 - Micro Focus, the application software maker, said momentum built in the
second quarter as it announced a 46 per cent increase in half-year revenues.
While organic growth slowed to 5 per cent, revenues from the recent
Borland and Compuware asset acquisitions beat expectations.
Nick Bray, CFO, said the acquisitions were now fully integrated and that
the company's addressable market had grown to $6.4bn.
In a video interview on www.cantos.com, he said:
"For us it's all about execution. The market's there. We've collected the
components. We've still got work to do, but it's about execution of a very
clear strategy.
"We produced a 39 per cent margin in H1. It's very pleasing, very
encouraging to see that we expect to return to 40 per cent in H2."
The interview and transcript are available now on www.cantos.com.
Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email enquiries@cantos.com or phone
+44-207-936-1333
Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries at cantos.com or phone +44-207-936-1333
Tags: England, London, Micro Focus