LONDON (Reuters) – Britain’s Micro Focus International <MCRO.L> said full-year revenue would come in around the better end of previous weak guidance, as it announced the appointment of a new finance director, Brian McArthur-Muscroft.
Britain’s leading software company has been hammered this year after it struggled to get to grips with its $8.8 billion acquisition of HPE assets last year.
It said on Monday constant currency revenue would be around the better end of the guidance of down 6 percent to down 9 percent for the 12 months to Oct. 31.
McArthur-Muscroft, previously the CFO of TeleCity and Paysafe, replaces Chris Kennedy who is leaving to join ITV <ITV.L>.
(Reporting by Kate Holton, editing by James Davey)