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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.