Software product group Micro Focus International plc (MCRO.L,MCFUF.PK) posted an increase in its pre-tax profit for the full year, reflecting lower costs, despite a decrease in revenues.
On a reported basis, profit before tax rose 2.8 percent to $153.4 million, while it rose 5.1 percent on a constant currency basis.
Earnings per share grew 18.7 percent to 76.09 cents from 64.11 cents, while adjusted earnings per share rose 20.4 percent to 85.73 cents from 71.22 cents last year.
On a reported basis, revenues for the year slid 4.8 percent to $414 million, while it declined 2.4 percent on a constant currency basis. Like for like revenues were down 3.2 percent on a constant currency basis.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.