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Consolidated accounts for the first half 2015/2016 (in IFRS norms) : Sharp increase in profitability

Toulouse, IGE+XAO Group announces:

Consolidated accounts for the first half 2015/2016 (in IFRS norms).

(Period from 1 August 2015 to 31 January 2016).

                          

 

Sharp increase in profitability

Operating margin: +27.4%

 

 

 Tableau Comptes consos S1 2015 2016 ANG

 

Over the first half of the 2015/2016 financial period, consolidated turnover for the IGE+XAO Group is 13,443,657 euros compared to 13,168,401 euros in 2014/2015, exclusively organic growth of 2.1%.

 

The change in the activity is accompanied by a substantial increase in results with operating profit reaching 3,677,522 euros compared to 3,354,544 euros one year earlier, which is an increase of 9.6%. Likewise, net profit increased 7.8% amounting to 2,853,499 euros.

From a profitability standpoint, IGE+XAO in the first half has had its best performance ever with an operating margin* and net margin** respectively of 27.4% and 21.2%.

This sharp increase can be explained by the combined effects of growth in the activity and other operating income along with good control of operating expenses.

 

From a financial standpoint, the Group is consolidating its structure with, at 31 January 2016, high profitability, almost no bank debt and a cash flow of over 31 million euros.

 

Backed with these strong points, IGE+XAO intends to accelerate its market plan, especially internationally, including the opening of new sites in Asia.

 

* operating income in terms of turnover

** net income in terms of turnover

Note: The half-year financial statements closed out at 31 January 2016 underwent a limited review by the auditors of IGE+XAO and were approved by the Board of Directors on 29 March 2016. 


 

 

 

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ÜBER DIE IGE+XAO GRUPPE :
Seit über 30 Jahren betreibt die IGE+XAO Gruppe die Softwareentwicklung und den Vertrieb ihrer Produkte im Bereich der Computer Aided Design-Softwarelösungen (CAD), der Product Lifecycle Management (PLM) und der Simulation. Diese Softwareprodukte wurden entwickelt, um Planern bei der Konstruktion und Pflege elektrotechnischer Dokumentation zu helfen. IGE+XAO bietet eine Reihe von Elektro- CAD, PLM bzw. Simulation Softwarelösungen für alle Bereiche an: von der Einzelplatzlizenz bis zu Lösungen für komplexe Aufgabenstellungen. IGE+XAO beschäftigt weltweit 390 Mitarbeiter in 32 Niederlassungen und in 21 Ländern und hat mehr 86.000 Lizenzen verkauft. Die IGE+XAO Gruppe ist ein Vorreiter in ihrer Branche. Weitere Informationen finden Sie unter: http://www.ige-xao.com

Ihr Kontakt zu IGE+XAO :
Kontaktperson für Analysten/Investoren: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Gruppe, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX- Frankreich
Telefon: +33 (0)5 62 74 36 36 - Fax: +33 (0)5 62 74 36 37 - www.ige-xao.com
Notiert an der NYSE Euronext Paris – Compartment C - ISIN FR 0000030827

Pressekontakt :
Rozenn Nerrand-Destouches: +33 (0)5 62 74 36 02

IGE+XAO Deutschland :
Marie-Bernays-Ring 19a,
41199 Mönchengladbach,
Tel.: +49 (0) 2166/13391-0 
Internet: www.ige-xao.de



IGE+XAO Switzerland :
Rue de Flore 5,
CH-2502 Biel/Bienne,
Tel: +41 (0) 32- 365 93 66
Internet: www.ige-xao.ch