UKbusiness intelligence specialist Micro Focus has seen group revenues for itshalf year bolstered by the acquired assets of Borland and Compuware.
The vendor has had an interesting six months with the CEOstepping down, the launch of a government-backed IT manifesto and a couple ofacquisitions.
Revenue for the half year ended 31 October increased by 46%to $198.4m bolstered by the contribution of $55.3m from Borland and thetesting/ASQ division acquired from Compuware.
Pre-tax profit rose by 26% to $72.1m and the company statedthat the acquisitions were almost completed and on budget.
Kevin Loosemore, chairman of Micro Focus, stated that it hadseen organic growth as well as the contributions from its acquisitions and theimpact on the full year should be stronger than expected.
He added that the impact of the expansion of the businesshad been to lead to a focus on internal costs that had contributed savings tothe bottom line.
“As a logical extension to the integration of recent acquisitionsthe Group has conducted additional cost management measures in the corebusiness that we expect to have a positive impact on profitability in thesecond half,” he said.
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