LONDON, Feb 9 (Reuters) - British IT company Micro Focus
International re-instated its dividend on Tuesday after
it made "solid progress" in the first year of its three-year
turnaround plan.
The company reported adjusted core earnings of $1.2 billion,
down from $1.4 billion a year earlier, at margin of 39.1%, which
it said was towards the upper end of expectations. Revenue
declined 10% to $3 billion.
It said it would reinstate its final dividend at 15.5 cents
per share.
(Reporting by Paul Sandle, editing by David Milliken)
