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2012/2013 Annual financial report

 

Over the 2012/2013 financial period, consolidated turnover for the IGE+XAO Group amounted to 24,568,160 euros, up 5.1%, exceeding that of the previous financial period (4.9%). This growth in activity is in line with the trend that was observed in the first half of the year, which is strong momentum in Major Accounts, combined with the good resistance of activity internationally, especially in Northern Europe.

Operating income, up 10.5%, amounts to 5,914,864 euros. This increase is the result of the growth in activity as well as good control of operating expenses. Operational profitability is benefitting from these good results and increased from 22.9% to 24.1%. Net income stands at 4,603,863 euros compared to 4,304,874 euros one year ago, up 6.9%, resulting in a net margin** of 18.7% (compared to 18.4% over the previous period).

Backed with this momentum, the Group intends to pursue its development with the creation in the short term of a subsidiary in Mexico and the continuation of its efforts in terms of research and development. Finally, in accordance with its Business Plan, IGE+XAO is planning to carry out these operations and still retain a high level of profitability.

*   The consolidated financial statements were approved by the Board of Directors on 18 October 2013 and will be submitted for approval to the Annual Shareholders' Meeting.

** Net margin: net income / turnover

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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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