LONDON (ShareCast) - Acquisitive legacy software specialist Micro Focus (LSE: MCRO.L - news) reported a 30.8% rise in full year pre-tax
profits but warned that the impact of the recent Compuware (NASDAQ:
CPWR -
news) acquisition is expected to reduce the overall group margin.
Adjusted pre-tax profit increased to $115.9m in the year ended 30 April compared with $88.6m last time. Revenues rose by 20.4% to $274.7m on the preceding year, reflecting, in part, the contribution of recent acquisitions.
The group has proposed a final dividend of 11.1 cents per share, taking the total dividend for the year up 20% to 15.6 cents.
Imagination Technologies (LSE: IMG.L - news) was lower today following yesterday's rally on news of a 56% hike in annual pre-tax profit.
Adjusted pre-tax profit rose to £5m for the 12 months to 30 April 2009 from £3.2m the same time the year before. Group revenue rose 16% at £64.1m.
The group, which makes Pure radios, said licensing revenue rose 21% while royalty revenue was up 29%.
FTSE TechMARK - Risers
Skyepharma (LSE: SKP.L - news) (SKP) 119.00p +6.25%
Sepura (LSE: SEPU.L - news) (SEPU) 39.75p +5.30%
Alizyme (LSE: AZM.L - news) (AZM) 5.60p +4.09%
E2V Technologies (LSE: E2V.L - news) (E2V) 66.00p +3.94%
Morse (LSE: MOR.L - news) (MOR) 14.25p +3.64%
Axis (Stockholm: AXIS.ST - news) -Shield (ASD) 337.75p +3.21%
NCC Group (LSE: NCC.L - news) (NCC (Stockholm: NCC-A.ST - news) ) 324.75p +3.10%
RM Group (RM (LSE: RM.L - news) .) 151.50p +2.36%
Ark Therapeutics (LSE: AKT.L - news) (AKT) 47.00p +2.17%
Phoenix IT Group (LSE: PNX.L - news) (PNX) 204.25p +2.12%
FTSE TechMARK - Fallers
Turbo Power Systems (LSE: TPS.L - news) (TPS) 1.48p -7.81%
Oxford Biomedica (LSE: OXB.L - news) (OXB) 12.50p -7.41%
Phytopharm (PYM) 5.00p -7.06%
Robotic Technology (RTS) 4.75p -5.00%
Sinclair Pharma (LSE: SPH.L - news) (SPH) 25.00p -4.76%
Torotrak (TRK) 27.00p -4.42%
Imagination Technologies (IMG) 147.50p -4.07%
AEA Technology (LSE: AAT.L - news) (AAT) 24.00p -4.00%
Kewill (KWL) 72.25p -3.67%
Corin Group (LSE: CRG.L - news) (CRG) 60.00p -3.23%