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    MCRO   GB00BJ1F4N75

MICRO FOCUS INTERNATIONAL PLC

(MCRO)
  Report
Delayed London Stock Exchange  -  11:35 2022-12-09 am EST
521.60 GBX   +0.08%
12/08European Commission OKs OpenText's Acquisition of Micro Focus
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12/06Micro Focus Introduces HCMX FinOps Express to Optimize Cloud Spend
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FTSE ends lower as falling oil takes shine off BP earnings

02/08/2022 | 04:28am EST
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain

* Oil weighs on BP, Shell shares

* BP posts biggest profit in eight years

* Bellway eases concerns on housing demand

* FTSE 100, FTSE 250 both off 0.1%

Feb 8 (Reuters) - London stocks closed lower on Tuesday as an early bounce in energy major BP faded with sliding oil prices, while online supermarket Ocado tumbled following bleak earnings forecast.

After gaining as much as 0.7% earlier in the session, the UK's blue-chip FTSE 100 slipped 0.1%, and midcap stocks also ended the session 0.1% lower.

Shares in BP fell 2.4% after hitting their strongest since March 2020 earlier in the session following results that showed its highest profit in eight years in 2021.

"An early bump to its share price couldn't be sustained, in part because the price of a barrel of Brent Crude slipped back a touch," said Danni Hewson, financial analyst at AJ Bell.

Rival Shell dropped 3.2%, tracking weakness in oil prices that shed about 3% before the resumption of U.S.-Iran talks, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer.

The biggest decliner on the FTSE was Ocado Group, which slumped 12.9% after it warned core earnings in 2022 would undershoot market expectations as it steps up investment in automated warehouses around the world.

The FTSE 100 index has outperformed the wider European STOXX 600 index so far this year, with help from more value-oriented sectors including miners, energy stocks and banking firms that were battered in the wake of the pandemic.

Among midcap stocks, software company Micro Focus plunged 10.9% to the bottom of the FTSE 250 index after reporting a fall in full-year core profit.

Bellway Plc gained 2.5% as it echoed its bigger rivals in saying it expected strong demand in the housing market to persist.

Renewable power generator and network operator SSE Plc slipped 0.2% despite upgrading its outlook for full-year 2021/22 adjusted earnings. (Editing by Shailesh Kuber and Catherine Evans)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BELLWAY P.L.C. 0.93% 1951 Delayed Quote.-42.06%
BRENT OIL 0.16% 76.56 Delayed Quote.-1.85%
FTSE 100 0.06% 7476.63 Delayed Quote.1.19%
FTSE MID 250 INDEX 0.49% 18916 Delayed Quote.-19.83%
GLENCORE PLC -1.11% 542.5 Delayed Quote.46.31%
MICRO FOCUS INTERNATIONAL PLC 0.08% 521.6 Delayed Quote.24.72%
OCADO GROUP PLC 1.54% 686.2 Delayed Quote.-59.73%
S&P GSCI BRENT CRUDE INDEX 0.10% 650.2135 Real-time Quote.-1.76%
SHELL PLC -0.54% 26.685 Real-time Quote.38.94%
SSE PLC -0.12% 1696 Delayed Quote.2.97%
WTI -0.79% 71.457 Delayed Quote.-3.72%
All news about MICRO FOCUS INTERNATIONAL PLC
12/08European Commission OKs OpenText's Acquisition of Micro Focus
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12/06Micro Focus International : Introduces HCMX FinOps Express to Optimize Cloud Spend
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12/06Micro Focus Introduces HCMX FinOps Express to Optimize Cloud Spend
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12/06Micro Focus International : 8. Notified details of the resulting situation on the date on ..
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12/01Magnetar Capital Partners LP - Form 8.3 - Micro Focus International plc
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12/01Dodge & Cox - Form 8.3 – Micro Focus International plc
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11/30Magnetar Capital Partners LP - Form 8.3 - Micro Focus International plc
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Analyst Recommendations on MICRO FOCUS INTERNATIONAL PLC
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Financials (USD)
Sales 2022 2 580 M - -
Net income 2022 -586 M - -
Net Debt 2022 3 640 M - -
P/E ratio 2022 -3,55x
Yield 2022 3,63%
Capitalization 2 074 M 2 074 M -
EV / Sales 2022 2,21x
EV / Sales 2023 2,25x
Nbr of Employees 11 019
Free-Float 85,2%
Chart MICRO FOCUS INTERNATIONAL PLC
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Technical analysis trends MICRO FOCUS INTERNATIONAL PLC
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 6,42 $
Average target price 5,82 $
Spread / Average Target -9,26%
EPS Revisions
Managers and Directors
Stephen Edward Murdoch Chief Executive Officer & Director
Matthew Ashley Chief Financial Officer & Executive Director
Gregory Lock Non-Executive Chairman
Lars Rossen Chief Technology Officer
Paul Rodgers Chief Operating Officer
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