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2011/2012 Annual financial report

 

IGE+XAO is enjoying acceleration in its activities over the 4th quarter of 2011/2012, with turnover amounting to 6,131,260 euros compared to 5,722,431 euros one year ago, which is an increase of 7,1%. The quarterly activity in particular benefitted from the strong dynamism in Northern Europe and in Asia.



Over the period, the Group had growth in turnover of 4.8%, reaching 23,385,942 euros, which is the result of the positive impacts from launching the new versions of the Group's flagship products - SEE Electrical and SEE Electrical Expert – as well as the growth dynamic in certain markets.

Backed with its results and its solid fundamentals, the Group intends to pursue its development internationally by reinforcing its presence on the American and Asian continents. In parallel, the deployment of the Electrical PLM (Product Lifecycle Management) offerings will be accelerated in order to cover demand in the aeronautics, space and transport fields. In accordance with the Group's "Business Plan", these operations will be accompanied by a high level of profitability.

From a financial standpoint, IGE+XAO has a solid structure at 31 January 2012, with in particular operational profitability of more than 25% and a cash surplus allowing it to pursue its objectives, which are aimed at growth in the activity while still maintaining a high level of profitability.

 







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 32 sites and in 21 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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