Micro Focus eyes value extraction

HP Enterprise Software results show scope for profit improvement
Thursday 01 Dec 2016 Author: Steven Frazer
Firm evidence of profits trending upwards is emerging at HP Enterprise Software (HPES) ahead of its $8.8bn reverse takeover of FTSE 100 infrastructure software supplier Micro Focus ( MCRO ) . Fourth quarter and full year figures released by the US-based business (22 Nov) show a 1% operating profits gain to $290m, reversing the third quarter decline, while operating profit margins jumped 2.2 percentage points to 32.1% in the...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Advertising feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.