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April 12, 1988

BORLAND INTERNATIONAL NET PROFITS FOR THE YEAR 70% AHEAD

By CBR Staff Writer

Hopes postponed for those who eagerly backed Borland International Inc when it came to the London Unlisted Securities Market 18 months or so ago could start to be fulfilled this time around: European vice-president Alain Blancquart said in Paris last week that net profits for the year to the end of last month should come out some 70% ahead at $6m to $7m on turnover of around $70m against $27m last time; the shares, at 104 pence, are down from a 1988 high of 129p, but traded as high as 290 pence last year.

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