2000/2001 Annual financial report

For the 2000-2001 fiscal period and despite a rather bleak international economic outlook, the IGE + XAO Group has set record results. Indeed, the operating results have reached 11,5 million FF, which translates into a 13% progression in comparison to the previous fiscal period, whereas the results before taxes have increased by 26%, i.e. 11,9 million FF.
The net result totals 6,9 million FF, those numbers show a 4% progression in comparison to an exceptional 1999-2000 fiscal period. The net contribution margin, which represents 7,8% of the sales figures, has therefore almost reached its maximum expected level, which had been budgeted at between 6% and 8% the year before. This performance is all the more remarkable because, since no losses were carried forward, the corporation taxes went from 1,9 to 4,5 million FF. If the 1999-2000 tax rate had thus been applied to the 2000-2001 fiscal period, the net profit would then have reached 9 million FF, which would have meant a 35% increase in comparison to the 1999-2000 fiscal period.
The 2000-2001 fiscal period, which marks the 4th consecutive year that the objectives have been reached since the latter were announced in 1998, shows the quality of the budget system as well as the quality of the Group's business model. Furthermore and in accordance with the policies set forth by IGE + XAO, the Board of Directors, during their general assembly, will suggest that the dividends, the amount of which are 1 754 000 FF, be distributed along with a dividend tax credit.
For this fiscal period, which began with the most important takeover ever recorded by IGE + XAO (equipment for the "Direction des Constructions Navales" divisions), the Group's activity should show a strong increase due to the dynamics created by recent acquisitions as well as the great performance of the teams in place.


About IGE+XAO:

For over 30 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help manufacturers in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". Since mid 2014 with Prosyst take over, IGE+XAO also offers a complete software range for electrical installation functional simulation. IGE+XAO employs 390 people around the world on 33 sites and in 22 countries, and has more than 86,000 licences distributed around the world. IGE+XAO is a reference in its field. For more information: http://www.ige-xao.com

IGE+XAO Contacts:
Analysts/ Investors: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36

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