Micro Focus Fixed Income Presentation Deck
Micro Focus Strategy: Unchanged, Still Working
Reiterated in July preliminary results for the twelve months ended 30 April 2016
Industry Logic
Micro Focus helps bridge the old and the new by enabling you to:
• Exploit advances in technology such as virtualisation, cloud and mobile
without the cost and risk of starting again with the application suite
• Optimize where you build, test and deploy business applications
• Execute with a balance of speed, flexibility and risk, that is right for your
business
Protect prior investments in your data and business logic whilst unlocking new
opportunities & use cases
Operational Approach
Our execution needs to ensure we:
. Identify opportunities to exploit new models and market niches
Focus on "sticky" products which are embedded within customers' systems
and processes
•
• Acquire assets that add capabilities that incentivize customers to remain with
their current products, or add further similar types of product and customer
sets
.
40
Develop product capabilities & services that encourage and promote use of
current product over the decision to move
Operational Outputs
. EBITDA and FCF growth
• Total shareholder return
• Stable platform delivering sustainable results
Shareholder Returns
Three year share price progression ($, rebased to 100)
+
Regular Dividends
225
200
175
150
125
100
Periodic Returns
of Value ("ROV")
75
Sep-13 Mar-14
+118%
www.
Sep-14 Mar-15 Sep-15 Mar-16 Sep-16
HPE Software acquisition consistent with stated strategy
MICRO
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